I saw a reply in another thread, which I cannot find right now--something about not getting the benefit of the bargain being fraud? Getting back to title insurance, everything I have researched online says that fraud is a coverable defect in title. Will I benefit from my owners title insurance...
Thanks so much for your time and interest. As you said, I'm just one of many. I have a hard think ahead. If anything exciting happens, I'll write again. Best, Sharon
I discovered all these issues after the fact. When I found out the condo fees weren't set according to the Master Deed percentages of interest, I began digging into everything. The Board is aware, and other owners are aware, but so far all that has been done is change the monthly fee on the...
I agree that all the issues involve all the owners. The Master Deed descriptions are totally inaccurate (pages and pages), building plans are wrong (copied one drawing 6 times but not all built identically), unit plans are inaccurate (some one bedroooms are two/two bedrooms are one),there is no...
Maybe I'm having brain fog today but I'm not understanding your reply. I have a completed, signed P&S. It states that I will be receiving a condominium in compliance with state condo law. It was/is not. The deal is completed and the property has been deeded to me. I took out a mortgage on the...
My jurisdiction is: massachusetts
Does a condominium Purchase and sales agreement become a part of the deed? My agreement and deed cite condominium statute compliance and there is none and has been none for 20+ years. Does this void my deed?..since I never received what I thought I purchased...
My jurisdiction is: Massachusetts
I live in a condominium said to be created by Master Deed in 1981, but said to be created in 2004 according to income tax records. The declarant held all units as rentals until 2004 when he began sales. I am trying to figure out if the condominium is validly...