The house would not sell. As this description indicates, the condo owner’s title to the property doesn’t include the 4 walls that divide his unit from other items or common areas in the property. This is because condominiums could also be thought of (by the municipality) to be personal communities, some with restricted access. The board is generally made up of individual condominium owners.
2. Any former unit proprietor whose unit was granted homestead exemption status by the applicable county property appraiser as of the date of the recording of the plan of termination shall be paid a relocation cost … Read More...