Purchasing a condominium in Prescott AZ must be for the right kind of person. Condo owners in Prescott AZ need to be comfortable living with condo rules and regulations as well as in close quarters with others.
A condo owner buys the title to the individual unit, “up to the walls, but not including them. A common description of a condominium is a “box in the air.”
Common areas such as fitness centers, dividing and outer walls, and staircases are under shared ownership. These shared ownership areas fall under the condominium association’s responsibility. When purchasing a condo in Prescott AZ the condo association monthly expense is something to take into consideration.
For more condo ownership in Prescott AZ information or to find out about condos for sale in Prescott, please contact Tim Anderson at 800-778-7891 or by email.
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