Warning! : condominium ownership may be dangerous to your health, wealth, and peace of mind /
Hubin, Vincent J.
Warning! : condominium ownership may be dangerous to your health, wealth, and peace of mind / by Vincent J. Hubin - Homewood, Illinois : Dow Jones-Irwin, c1976 - x, 214 pages ; 23 cm.
Introduction -- Advantages of condominiums and cooperatives -- The condominium idea -- The cooperative idea -- Condominiums versus cooperatives -- Maintenance charges -- Financial stringency-- The board of directors -- Allocating stock shares and determining the percentage of interest in the common elements -- Analysis of maintenance charges -- Inflation -- The quality of management -- Expense analysis -- Schedule of monthly expenses -- Downpayment and liquidated damages -- The real costs of ownership -- Fee simple versus leasehold estate -- Forming a condominium -- The master deed and the bylaws -- Other condominium purchase instruments -- Starting a coopearative -- Restrictive covenants-- The recreational facilities agreement and the management contract -- The equity buildup myth -- The rental gimmick -- The conversion of existing buildings -- The mortgage trap -- Insurance problems and procedures in the condo and co-op -- Time sharing -- Eventual resale -- Tax advantages -- Foreclosure -- How much to pay -- Before you buy -- A buyer's checklist -- Case Studies Cape Cod -- Florida -- Freeport -- Mexico -- Florida - Again -- Costa del Sol -- Hawaii -- Florida -- Conclusion -- Afterthought: A critical look at "buying a place" in the Caribbean -- Glossary of terms -- Appendixes -- Index.
870941070
CONDOMINIUMS
HD 7287.67 .H83 1976
Warning! : condominium ownership may be dangerous to your health, wealth, and peace of mind / by Vincent J. Hubin - Homewood, Illinois : Dow Jones-Irwin, c1976 - x, 214 pages ; 23 cm.
Introduction -- Advantages of condominiums and cooperatives -- The condominium idea -- The cooperative idea -- Condominiums versus cooperatives -- Maintenance charges -- Financial stringency-- The board of directors -- Allocating stock shares and determining the percentage of interest in the common elements -- Analysis of maintenance charges -- Inflation -- The quality of management -- Expense analysis -- Schedule of monthly expenses -- Downpayment and liquidated damages -- The real costs of ownership -- Fee simple versus leasehold estate -- Forming a condominium -- The master deed and the bylaws -- Other condominium purchase instruments -- Starting a coopearative -- Restrictive covenants-- The recreational facilities agreement and the management contract -- The equity buildup myth -- The rental gimmick -- The conversion of existing buildings -- The mortgage trap -- Insurance problems and procedures in the condo and co-op -- Time sharing -- Eventual resale -- Tax advantages -- Foreclosure -- How much to pay -- Before you buy -- A buyer's checklist -- Case Studies Cape Cod -- Florida -- Freeport -- Mexico -- Florida - Again -- Costa del Sol -- Hawaii -- Florida -- Conclusion -- Afterthought: A critical look at "buying a place" in the Caribbean -- Glossary of terms -- Appendixes -- Index.
870941070
CONDOMINIUMS
HD 7287.67 .H83 1976