April 7th, 2008
Are You Secure with a Condominium Unit?
Posted by
Brian in
Condominiums
There is one thing that keeps coming into mind when it comes to condominium units. While you have bought a unit already, what would happen (God forbid), if the whole building would burn down? You do have insurance for your unit but what if the whole building would be burned down to a crisp?
As far as condominiums are concerned, you are buying a unit but not the land. This is a fact and for sure, you may want to consider on where you may find yourself in case such a fortuitous event would happen. So is it sensible to live in a condo unit?
