What happens when we pull title and we find that there is a condo association or the property's located and structured under some condominium type ownership?
Right? And when we think of Condominiums, it's not just the high-rise condos. It could be real estate houses in a subdivision. That's part of a site condominium. Right? So what we're looking for is a couple key documents that relate to that that condo one is the master deed which outlines the property itself, but then they have bylaws and often rules. So we're looking as a title company for a couple of things. Are there any dues that are owed because those dues can be leans on the property that have to get paid as part of the closing? But the other is are there any rules to our professionals that your customers may want to know about before they buy this property?
And we've seen this all over where you might have a Condominium Association that has very specific rules about how long your garage door might be open during the day. We all seen these people that sit on their porch and all they do is look around the neighborhood trying to figure out who has a garage door open.
