Maryland condominium developers can take advantage of a little known loophole in the state’s condominium law which allows them to allocate the common elements interest to their advantage.
In most states*, the condominium law requires developers to allocate the percentage interest in the common elements fairly. Fairly usually means the percentage common element interest must bear [...]
Archive for the 'Condo' Category
Secret Maryland Condo Loophole Favors Developers
Published by October 15th, 2007 in Condo, Legal and Sellsius Real Estate Blog. CommentsBreaking Real Estate News: USCondex Now Condo.com
Published by June 4th, 2007 in Condo and Sellsius Real Estate Blog. CommentsUSCondex is now known as Condo.com. Dang! I wonder how much that domain cost
Congrats on the new domain name!
Technorati Tags: Condo.com. Condo, USCONDEX, Real Estate, Sellsius
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FRBO Getaways: Redweek.com
Published by February 19th, 2007 in Condo, Real estate, Sellsius Real Estate Blog, Timeshare and Tips. CommentsRedweek.com is a nifty website to use if you want to rent a timeshare directly from an owner. You can also buy or exchange timeshares. It has one million, yes one million, registered users. There is also a forum. Membership is $15 per year.
I am a Redweek member and have used it many [...]
Easy Rider & The Condo of Art
Published by February 5th, 2007 in Art, Condo, Real Estate Marketing, Real Estate News, Real estate and Sellsius Real Estate Blog. CommentsDennis Hopper, Peter Fonda, Jack Nicholson from Easy Rider (1969).
A luxury California condo has given studio space in the building to three well known artists, including Dennis Hopper of Easy Rider fame, reports Chris Palmeri of Business Week. The other “Artists in Residence” are Peter Alexander and Joe Goode. In addition, every floor’s [...]
ResidenSea: Travel The World From Your Apartment
Published by January 22nd, 2007 in Condo, Cruise Condo and Residential Real Estate. CommentsResidenSea lets you travel the world without leaving home. There are 110 owner-occupied residences and 88 guest suites aboard the aptly named The World (pictured above). Can’t afford to own, take a vacation cruise instead. Headquartered in Miami, FL, residenSea is currently the only private community at sea.
Prices range from $825K for a 328 [...]
Spadominiums: Zen Condos, Grasshopper
Published by December 8th, 2006 in Condo, spa and spadominium. CommentsThe Zen you find on the tops of mountains is the Zen you bring up there.
Robert M. Pirsig
Spadominiums are the newest condomium niche. As the name implies, these are condominiums which have spas in the building for owners’ use. But it goes way beyond that. These projects are designed to combine [...]
NAR Reports Sales Down Nationally
Published by November 27th, 2006 in Co-op, Condo, Home sales, Residential Real Estate and Studies & Stats. CommentsNAR released its turkey of a sales report for the third quarter last Monday, while we were out buying our birds. Your local market may be rosy but the big picture shows the bloom fading nationally as winter approaches. Bundle up folks, it’s going to be cold out there.
Nationally, the total numbers for sales [...]
