Buying A Florida Condo
Buying a condo in Miami or the surrounding areas of South Florida is an exciting venture. The beauty of the beaches, sunshine and breathtaking beaches draw individuals who love the active lifestyle and beautiful climate.
When making the decision to purchase a condo in South Florida, a professional real estate agent offers many benefits. Your real estate agent has a wealth of knowledge about the various areas you are considering and will answer your questions and offer guidance. All Florida Condos is here to assist you in all areas from Sunny Isles Beach condos to South beach and other vibrant South Florida Cities.
A condominium development provides individuals with the opportunity to purchase units in properties, unlike apartments and rental buildings. The individual owns the title to the unit, up to the walls, but not including the walls of the building. The rest of the building and shared areas are shared among the condo owners in the association and elects an association to make decisions for the group.
Condos are available in a wide range of styles to fit every lifestyle, including luxury buildings, multi family properties, apartment style buildings and townhouses. There are developer condos and resale condos available throughout South Florida.
A developer condo is purchased from the developer of the property. Generally, these condominiums are new. When purchasing a new condo from the developer, Florida law provides a 15 day Right of Rescission Period during which the contract may be cancelled.
A resale condominium is purchased from the current owner of the unit. Under these agreements, Florida Law provides a 3 day Right of Rescission period.
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