December 1, 2006
Condos, condos everywhere
Baby boomers not wanting to rake leaves and clean gutters anymore, young professionals putting in astronomical hours at the office and newlyweds desiring to invest in real estate without all the hassle of caring for a house and yard are reasons the condominium craze has taken off. The number of purchasers of condominium property - and the number of condos being built or converted - is on the rise.
Kenton L. Kuehnle, Allen Kuehnle Stovall & Newman, will present “Condominiums - Representing the Purchaser” on Monday, Dec. 4 from 1:30 p.m. to 4:45 p.m. for three hours of CLE credit for attorneys who are interested in real estate, represent purchasers of condominium units or have an interest in purchasing condominium property themselves.
This comprehensive review of condo law includes perspective in reviewing a condominium for the purchaser including the nature of the investment and the risks; definition of units; limited common elements; undivided interest in common elements; budget and assumptions; warranties; project disclosures; restrictions on renting, leasing, and sale of units; developer control; special rules for conversions; closing affidavit; and approval/waiver of right of first refusal.
Learn how to best represent the condo purchaser by registering online at www.cbalaw.org for event # 3628or phone 614/221.4112. The cost is $85 prepaid/$95 day of for members, $125 prepaid/$135 day of for non-members and $55 prepaid/$65 day of for paralegals.