It’s a common scenario: a homebuyer purchases what appears to be a regular townhome only to be told it classifies as a “freehold condominium.” This can be a confusing descriptor, but it technically holds true. The term “freehold” is frequently used as a marketing...
Condominiums are designed to provide peace of mind living, but be aware that not everything is covered by your condo fees or the condominium association’s insurance. The condo association will have an insurance policy that covers the building, common elements, and...