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New Jersey
home inspection NJ home
inspectors perform
Certified New Jersey home
inspections in NJ. home inspectors
CONDO / HOA / TOWNHOUSE:
A condominium inspection, whether residential or
commercial, is real estate, such as a unit in an
apartment or commercial complex or a parking
space in a garage, that combines fee simple
title to the unit and joint ownership in the
common elements shared with other unit owners.
A Condo is a unit in such a complex.
The complex will almost always be governed by a
Home Owners Association (HOA). The inspection
process does not cover common areas in and
around a condominium complex or those areas or
components that are the responsibility of the
association. Any comments made regarding same
have been made as a courtesy only.
Condominium Inspection Cost -
Condo Inpsection Cost -
Condo Inspection
Reserve
studies are performed for Home Owners
Associations regularly. The reserve study helps
the condo association in assuring that enough funds
are available for necessary repairs and
maintenance of the common areas and components.
Be aware that the inspection process does not
review or report on reserve funding. It is
recommended that you carefully review the
association's "PROFORMA OPERATING
BUDGET" before taking possession of the
condominium. In the Components Section of the
Survey Findings Page the inspector may only
indicate "HOA." The Home Owners
Association may cover common grounds around the
dwellings only and may not cover any components
of the dwelling itself. Again, it is recommended
that you review the reserve funds documents
before taking possession of the dwelling. The
inspector may check "townhouse." A
townhouse is usually considered one house, or
residence, of a row of houses connected by
common side walls. Please refer to the seller
regarding noise from neighbors, safety
considerations, the usable yard, etc., none of
which are covered by the visual inspection
process.
The above information was provided by TWI Systems Copyright 1995-2005 1-800-553-5660
Exactly who works for you during a home purchase? Your New Jersey Real Estate Attorney will, as will a very carefully selected home inspector. A haphazardly selected inspector can be very hazardous to your wealth. Many home buyers are told by those who are only compensated if a sale goes through all licensed home inspectors are the same. Few things can be further from the truth. For example if you were going to a doctor would you prefer one who just got out of school last week, or one who taught in the school for a few years, who has been in practice since 1993, who had eight or so years experience in an affiliated industry and who has done the exact same thing more than 6,000 times for others. When selecting a doctor, New Jersey Real Estate Attorney or New Jersey Home Inspector do not let the minimum qualification of holding a license fool you. Go out of your way to select the best qualified and most experienced professional you can afford. Click for more information about New Jersey Real Estate Attorney, Real Estate Law or about Home Inspection Books -
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File last updated February 07, 2012 * Copyright © 2012 All rights reserved by: Accurate Inspections, Inc. A New Jersey home inspection firm 56 Woodland Drive, Woodland Park (formerly West Paterson) NJ 07424 973-812-5100 providing New Jersey Certified Home Inspections in NJ, by New Jersey Licensed home inspectors. Inspector of record Michael Del Greco, New Jersey Home Inspector License GI 0121.
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