Condominium Ownership: Definition & Considerations

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What do you call the document that governs how a condo association functions?

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1. What do condo association fees cover?

2. Which of the following will tell you the type of restrictions there are on the use of your condo unit?

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About This Quiz & Worksheet

If you complete this printable worksheet, you can learn characteristics of condominiums, and examine what it's like to own these types of properties. Use the quiz to see what you know about condo association fees and ownership of the common areas of a condo.

Quiz & Worksheet Goals

This worksheet and quiz are going to help you review these topics:

  • Where information on the restrictions of condo use is found
  • What is covered in condo association fees
  • Governing document for the functions of a condo association
  • Condominium unit owners

Skills Practiced

  • Information recall - access the knowledge you have gained regarding what condo association fees cover
  • Reading comprehension - ensure that you draw the most important details from the related lesson on condominium ownership
  • Knowledge application - use your knowledge to answer a question about common areas

Additional Learning

To learn additional details about owning condos, be sure to look at the lesson called Condominium Ownership: Definition & Considerations. Utilize this lesson to help you:

  • Examine what a condominium is
  • Determine who manages a condominium
  • Understand what a declaration of condominium includes
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