Spotlights Fort Lauderdale Condos
Are you thinking about buying a Spotlights Fort Lauderdale Condos and Beaches?
Many of you have some questions about South Florida Condo life in general that you need answered. Annett T. Block a Realtor/ Broker in South Florida is answering frequently asked questions about Condo Living on Fort Lauderdale Beaches to help Buyers decide whether or not this would be the right lifestyle choice.
Are There Condo or Association Rules To Be Followed?
Yes, when buying a Spotlights Fort Lauderdale Condos, you should be given a Homeowner’s Manual and/or By-Laws. Many Condo communities do not allow you to see these rules before you have a contract. A tip from Annett: Many By Laws/ Rules and Regulation are recorded with the Clerk of Courts. This can be found by anyone even before you would make an offer on a Fort Lauderdale Condo and get familiar upfront with some Rules and Regulations of the association you are interested in.
Are There Monthly Condo Fees Involved?
Yes, as a Condo owner, there are fees you will have to pay as an owner. This fees can be monthly or quarterly or yearly due. Every Condo here on The Fort Lauderdale Beaches has its own set of fees that are determined by the cost of running the common areas and the amenities which it offers.
Do All Condo Associations Charge The Same Fees?
No, every community has different fees. At some Condos all owners pay the same fee no matter what size unit you are buying, and some are determined by the size of the unit (sq ft.)
Can I Make Changes To A Condo Interior To Meet My Needs?
It depends on what kind of changes you want to make. Any exterior structural changes cannot be done. Any interior structural changes will have to be submitted to the Board or Management for approval. Each community is different and these rules will be included in the community By-laws and Homeowner’s Manual.
Do Condos Have Garages?
Some Condo communities have attached garages, some detached garages and some no garages. But most communities have parking spaces, although some are not designated ones.
Are Pets Permitted with a Condo Association?
Who Is Responsible For Exterior Maintenance?
If it’s a Condo and not a Homeowner’s Association, most of the time the community is responsible. However, check with Annett for details of the Condo you are interested in.
Can I Rent My Condo Out?
It depends on the community. Each community is different so if you are planning to buy a Condo in Fort Lauderdale to rent out, you must verify this information with the individual community.
Do All Condos Have Amenities?
No. There are active Condo communities with clubhouse(s), pool, tennis, gym, sauna and social activities, and there are also some with no amenities except that the lawns are maintained. Some neighborhoods do not cover the lawn, so again, check with Annett for this information.
What Is A Special Assessment?
This is a fee approved by a Homeowners Association or Condo Board to cover items not provided for in the budget. This can be a controversial expense. Many associations do an excellent job of planning for replacement costs and are adequately prepared; however, others accumulate funds based on outdated cost estimates and discover when the day comes for a major repair or replacement that they do not have the funds to pay for the project.
Do All Condos Have Washer & Dryers In There Units?
No, although many of them do have a washer and dryer within the Condo on Fort Lauderdale Beaches, but check with Annett when choosing a unit. Many times Condo Communities have a Laundry Room on the premises.
Do Condos Have Central Air Conditioning?
No, not all, some have central air, some have wall units and some have none at all, ask Annett when purchasing a Condo in Fort Lauderdale.
Are There Age-Restricted Condos?
Yes, here in Fort Lauderdale we have Non-Age Restricted Condos as well as Age-Restricted Condos for 55+ and 62+ adults.
What’s The Difference Between A Condo, A Townhouse and A Pud?
Condominium – With a Condominium you own the inside of the unit from wall to wall. Townhouse – You own the unit and the land on which the unit sits. PUD – You own the Unit and land in front and back of unit. Many consumers and Realtor’s too, conveniently refer to all of these types of structures as Condos, although they may actually be a Townhouse or PUD. There are many factors to keep in mind when choosing on buying a Condo on the Fort Lauderdale Beaches. This will be an investment decision that can last a lifetime and should be considered very carefully.
When you are ready to move to yourSpotlights Fort Lauderdale Condos, hire Annett a Realtor and Broker with Florida Connects 954-543-1794. Our Fort Lauderdale Real Estate Condo Buyer Tip is courtesy of Annett T. Block, helping Buyers and Sellers on Fort Lauderdale Beaches.
Call, and take a look at Condos On Our Fames Fort Lauderdale Beaches.