Think you are ready to buy a condo or townhouse?

Take our short quiz and see if you are ready.

1. What does the monthly maintenance fee typically NOT cover in most associations?

Correct! Wrong!

2. What does the Condo "Reserve Fund" typically used or?

Correct! Wrong!

3. When you buy a cooperative, what kind of ownership do you have?

Correct! Wrong!

4. Can a community NOT allow pets?

Condo Pet Policy
Correct! Wrong!

5. Can I buy in a 55 Plus Community if I am 50?

Correct! Wrong!

6. How can I found out if there have been any "Specials Assessments" ?

Correct! Wrong!

7. What is the most typical lawsuit filed against condo communities?

Correct! Wrong!

8. Why is it important to know the % of renters in a community?

Correct! Wrong!

9. If another condo owner does not pay their monthly association fees, what can happen?

Correct! Wrong!

10. In New Jersey, if a condo was built prior to 1978, what is needed before buying?

Correct! Wrong!

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