Buying a condo in South Florida: what to ask

1. What are the condo fees and other ownership costs?

   Ask what regular assessments cover and which costs remain yours. Request information about current or proposed special assessments. Put insurance, parking, utilities, and maintenance questions on your comparison sheet.

2. Which association documents should I review?

   Ask for the relevant declaration, bylaws, rules, financial information, and current budget. Discuss reserves, available building inspection information, and reserve studies with the appropriate professionals. Have property-specific questions reviewed before making assumptions.

3. Does the condo fit my everyday needs?

   Confirm parking, storage, pet rules, renovation procedures, and access arrangements. Ask the association or authorized property contact to verify the details that matter to you.

4. Can I use the property as a rental or second home?

   Request the applicable leasing rules and verify your intended use with the association and appropriate local sources. Ask about lease terms, approvals, and restrictions; a listing description does not establish rental permission.

5. Will my financing work for this building?

   Tell your lender which building and unit you are considering. Ask what condo and association information the lender needs, and coordinate that review with your property search.

Compare the unit and the building together. A beautiful view is one part of the ownership decision.

Requirements vary by property and transaction. Ask qualified professionals to review association documents, financing, insurance, and legal questions.