Introduction to Condominiums & Cooperatives
-Continuing Education-
Price:$65.00\$75.00
Book Cost: included
Hours: 7.5hours (You finish 1/3 of your 22.5
hours of continuing education required by the State.)
Course Outline:
- Condo & Co-op Ownership
- Defining distinctions
i. condos
ii. co-ops
iii. town houses
iv. planned unit developments (PUDS)
- Management of Condos & Co-ops
- Advantages and disadvantages of condo & co-op ownership
- Extent of control
i. fair housing laws
ii. by-laws and the homeowners association
iii. covenants
- Common elements and property management in condos & co-ops
i. repairs and maintenance of property
ii. maintenance fees and homeowners association dues
- Financial stability
i. underlying mortgage
ii. long term reserve fund availability
- Marketing Techniques for Condos & Co-ops
- Categories of specialization
i. condominium
ii. co-operatives
iii. planned unit development
iv. business condos & co-ops
v. luxury condos & co-ops
vi. resort condos & co-ops
vii. senior citizen condos & co-ops
viii. full disclosure of relevant financial information
ix. knowledge of the project
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