Condo Buying Checklist
4.8/5 with 129 votes
Table of Contents
Save the full checklist and customize it later.
0 of 20 completed
- Research
- Determine where you want to live.
- Decide what type of home do you want to live in.
- Determine how much you can afford based on the location and the type of home you want to live in.
- Take time to determine which builder you have the greatest confidence in.
- Check out various web sites, drive by locations and meet the sales representatives.
- Once you made your choices, work with a lawyer who specializes in condominium purchases.
- Buying a Condo
- Ask to see the minutes of the condo association.
- Check if the members are paying their condo fees regularly.
- Find out the delinquency rates of present owners.
- Check if there is a reserve fund.
- If the renter population is over 10%, there should be clear rental policies.
- Check if the association has a proper insurance cover for the whole apartment block.
- Make sure that you understand exactly what the association policy cover and what you are responsible for.
- Get a lawyer or insurance agent to explain the points if you do not understand any clause under the insurance policy.
- Check if there are any restrictions.
- Ask other tenants about their experience.
- Check if you have to manage condo block.
- If the complex is professionally managed, check out the management company thoroughly.
Download or Print this Condo Buying Checklist
Get a printable version of this checklist in your preferred format: PDF, Word, Excel, or print directly from your browser.
Presented by:
Nicole Nichols-West
Stats
Views
285
Views: 285
Uses
8
Uses: 8
Tasks
20
Tasks: 20
Who it's for
This Condo Buying Checklist is for anyone who wants a simple, practical way to get things done without missing steps.
- Avoid forgetting - keep all your Condo Buying essentials in one place (external memory)
- Save time - start from a proven Condo Buying structure instead of a blank page
- Stay on track - track progress, come back later, and keep momentum
- Coordinate with others - share the list and divide responsibilities
- Learn the process - follow the steps in a sensible order, even if it's your first time
How to use it
How to use this Condo Buying Checklist
- Save Condo Buying Checklist to your free Checklist account so your progress is saved and synced across devices.
- Customize it in the app: remove anything that does not apply, then add your own details for Condo Buying (dates, sizes, addresses, notes).
- If others are involved, invite them to collaborate and divide responsibilities.
- Work through the list: check items off as you go, and set reminders for time-sensitive steps.
Rate this Checklist
5 stars
Scores 4.80 with 129 votes