When living in a condominium in the Mechanicsburg, PA area, it’s essential to understand the difference between unit policies and a master condo policy. Unit policies, like those from Grove Financial & Associates Inc, apply to individual units in the building and may differ from one unit to the next. If you rent a condo, they are typically outlined in the lease or rental agreement you sign with your landlord or management company.
A master condo policy applies to all of the units in the building and common areas such as lobbies, hallways, and outdoor recreational areas. The master policy outlines rules that must be followed by all tenants and are usually set forth by the condo board or homeowners association.
It’s important to familiarize yourself with both types of policies to ensure that you remain compliant while living in your condominium. Following unit policies will help protect your rights as a tenant while adhering to a master condo policy ensures that everyone in the building follows the same rules and regulations. This helps create an atmosphere of respect, safety, and harmony within your condo community.
For more information, or if you want to find a policy that suits your needs, call us today. At Grove Financial & Associates Inc, we work with both condo associations and individual owners. We are happy to help Mechanicsburg, PA area condo owners, renters, and management companies find the policies they need to suit their individual needs and their budgets. So do not delay! Give us a call today!