Tag Archives: Townhouse

Condo Association Basics: What Every Buyer Should Know

Written by: - February 10, 2009

8 Comments

Condo Association Basics: What Every Buyer Should Know

Condos in All Shapes and Sizes…But They All Have Associations We all know that the major type of property changing hands and being built in the city of Chicago is Property Type-2.  The formal term is Single Family Attached and what most people call a condominium or townhouse.  With condominiums you will more than likely […]

Continue reading...

What Does Fee Simple Mean?

Written by: - January 8, 2009

4 Comments

What Does Fee Simple Mean?

I live in a fee-simple town home. Last night the officers of the association had a meeting, and whether I like it or not, I had to go because I’m the president. What? If you understand why this is weird, read on. If you don’t understand why this is weird, read on. Fee simple is […]

Continue reading...