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Actual for You - Questions to Ask Before Buying a Condo in Mission Viejo, CA
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Are there any Pet restrictions? Years ago, a Condo association could have rules and regulations (CC&R's) that prohibited pets. A law was passed in California that made such prohibition illegal, but the association can still have pet size and quantity restrictions. Today, a Mission Viejo Condo association can limit the number and size of a
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How do I know if there are any pending issues regarding the Condo Association ? One of the better ways to address this issue, is to review a copy of the Minutes of the Board of Directors meetings. The Home Owners Association is run by the homeowners who elect a Board of Directors (ie: President, Treasurer, Secretary) about once per year. The Board will hire a Property Manager to manage the day to day services that a Condo association will require. The Board usually meets once per month and they discuss any issues involving the Association. These issues, if any, and documented in the Minutes of the Meeting, and should be disclosed to you by the Seller during the Escrow process. Make sure you insist that you get a copy of these documents.
Are there any Pet restrictions? Years ago, a Condo association could have rules and regulations (CC&R's) that prohibited pets. A law was passed in California that made such prohibition illegal, but the association can still have pet size and quantity restrictions. Today, a Mission Viejo Condo association can limit the number and size of a p
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How do I know if there are any pending issues regarding the Condo Association ? One of the better ways to address this issue, is to review a copy of the Minutes of the Board of Directors meetings. The Home Owners Association is run by the homeowners who elect a Board of Directors (ie: President, Treasurer, Secretary) about once per year. The Board will hire a Property Manager to manage the day to day services that a Condo association will require. The Board usually meets once per month and they discuss any issues involving the Association. These issues, if any, and documented in the Minutes of the Meeting, and should be disclosed to you by the Seller during the Escrow process. Make sure you insist that you get a copy of these documents.
Are there any Pet restrictions? Years ago, a Condo association could have rules and regulations (CC&R's) that prohibited pets. A law was passed in California that made such prohibition illegal, but the association can still have pet size and quantity restrictions. Today, a Mission Viejo Condo association can limit the number and size of a
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Are there any Pet restrictions? Years ago, a Condo association could have rules and regulations (CC&R's) that prohibited pets. A law was passed in California that made such prohibition illegal, but the association can still have pet size and quantity restrictions. Today, a Mission Viejo Condo association can limit the number and size of a
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Are there any Pet restrictions? Years ago, a Condo association could have rules and regulations (CC&R's) that prohibited pets. A law was passed in California that made such prohibition illegal, but the association can still have pet size and quantity restrictions. Today, a Mission Viejo Condo association can limit the number and size of a
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Are there any Pet restrictions? Years ago, a Condo association could have rules and regulations (CC&R's) that prohibited pets. A law was passed in California that made such prohibition illegal, but the association can still have pet size and quantity restrictions. Today, a Mission Viejo Condo association can limit the number and size of a pet (ie; no dogs larger than 180 lbs, no more than 4 cats, etc.)
What are the Condo association Dues and what do they cover? Condominium association dues in Mission Viejo will typically run from a low of about $130/mos to a high of $300/mos. Dues will be higher due the following factors; age of the buildings, extensive use of wood exteriors versus stucco, large landscaped areas, lots of amenities such as pool, spa, tennis courts, gym etc., and mismanagement. The dues typically pay for the maintenance of all of the above, plus the basic fire insurance policy.
Are there any pending Lawsuits? An attorney who specialized in Condo association litigation in California stated some years ago, that 50% of all Condo associations have been in some sort of lawsuit. These lawsuits are usually with the original developer, or a contractor hired to make repairs, or even with some of the homeowners in rare circumstance. The good news is that most lawsuits between the Condo association and the developer come down on the side of the Condo association. Make sure the Home Owners Association gives you a disclosure declaring if there are any pending lawsuits before you buy. If there are this may affect your ability to get some forms of low down payment purchase financing.
Is the Condo Association responsible for repairs to my Home? Yes and No. A Condo association will make some re
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