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Demystifying the Confusion Around Detached/Site Condominium Ownership

  • Presenter(s): Bernice Ross
  • Session Length: 120 minutes
  • Date: Dec 6, 2023
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Most REALTORS® have never heard of a "detached" or "site" condominium. Failure to understand this type of ownership causes REALTORS® to incorrectly describe their listing on the MLS as well as causing appraisers, lenders and taxing entities to incorrectly estimate the value of the property. Attendees will learn how to recognize when a property is a detached condominium, properly disclose it and overcome transaction problems associated with this unique style of ownership.

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Most REALTORS® have never heard of a "detached" or "site" condominium. Failure to understand this type of ownership causes REALTORS® to incorrectly describe their listing on the MLS as well as causing appraisers, lenders and taxing entities to incorrectly estimate the value of the property. Attendees will learn how to recognize when a property is a detached condominium, properly disclose it and overcome transaction problems associated with this unique style of ownership.

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