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LegalCornerTM - Law By Subject - Purchase and Sale

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Purchase and Sale

How does buying a condo differ from buying a house?
Can individually owned elements of a unit or lot (e.g. a room) be sold to, or exchanged with, another homeowner?
Can two homeowners sell or exchange a parking space or storage unit?
Can the HOA or Board sell or grant exclusive use rights to a common area?
If there are known construction defects am I required to disclose them to a prospective purchaser?


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