K
kev9ka
Guest
- Jurisdiction
- New Jersey
My home (NJ) is one of 2 unit side-by-side Condo. According to NJ Rev Stat § 46:8B-26 (2013) 46:8B-26(Condominium termination), we can terminate the master deed if both of us (myself and next door neighbor) agree. My question is: if we terminate the master deed, what is my house be categorized as(i.e., townhouse)? What are some of the 'official and legal' (if there is any) steps that I need to take after the termination.
I'm selling my house, and the buyer is having a hard time with lender since my house is condo without association. As such, I'm looking for an option to terminate master deed. Thanks.
I'm selling my house, and the buyer is having a hard time with lender since my house is condo without association. As such, I'm looking for an option to terminate master deed. Thanks.