What is the Right of Rescission period?
After you receive your resale certificate, you generally have a limited time frame to review the information and rescind (cancel) your contract without further obligation. This time frame is known as the “right of rescission” period. Does the Seller Make Any Disclosures About the Unit? The seller should complete and sign the disclosure form used in your area. It will typically require disclosure of any conditions known to seller like plumbing leaks, water damage, electrical problems, faulty appliances, etc. What services does a condo provide for owners? It varies by type of project. A full service condo typically offers a vast array of services to make life easier for the owners: front desk concierge, doorman, valet parking, dog walking, grocery delivery and placement of food in your refrigerator, on-site dry cleaning, grounds maintenance and on-site property manager. Other condos focus on basics: common area maintenance, secured entry access, and management. What amenities do condos o
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