Townhome Alternatives in the Age of Covid-19 In an age(?) of social distancing, so-called “townhome alternatives” may be getting a second look from Baby Boomers looking to downsize. So, exactly what is a townhome alternative? At least to me, it’s shorthand for a detached, single-family home with many of the following attributes: —Around 1,500 to...Read More
Doggie Doo Doo Whodunnit . . . Solved! [Editor’s Note: The views expressed here are solely those of Ross Kaplan, and do not represent Edina Realty, Berkshire Hathaway, or any other entity referenced. If you need legal advice, please consult an attorney.] It turns out that DNA tests don’t just help police catch (human) criminals....Read More
MLS: “Pets – Cats Allowed; Pets – Number Limit” As you may (or likely may not) remember from high school civics, the U.S. Constitution provides that any powers not expressly granted to the federal government are reserved to the states. When it comes to pet restrictions, condo associations are the same way. Not Expressly Allowed = Forbidden...Read More
Why Cash Reserves Can Be Misleading At least in Minnesota, anyone buying a property in a Common Interest Community (“CIC”) — typically, a condo or townhome — has 10 days after completing the Purchase Agreement to review the related Association documents. What should Buyers be on the lookout for? Not the Association’s pet policy —...Read More
Common Interest Community (“CIC”) Rules & Reg’s Test your knowledge of Common Interest Communities — typically associated with condo’s and town homes — and answer the following multiple choice question: Which of the following is most likely to be a deal breaker in the sale of a condo or town home? A. No fireplace —...Read More
