Parking Types

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If you own a car and you’re looking for a condo, it would be best, if you first check if the condo you’re buying will suit your “parking taste.”

There are three types of parking in a condominium:

  • Tilted Parking Space: It’s a space with the owner’s name on it. The owner can do what ever they want with it as long as its in within the boundaries of the Condo rules.
  • Leased Parking Stalls: These are spaces leased to you for a period. It usually comes with documents stating that you have exclusive use to the space as long as you’re in the unit.
  • Assigned Parking Space: It offers condo residents no say on how long the stall is theirs. It’s in discretion of the board of the condos.

Source

This entry was posted on Sunday, April 27th, 2008 at 5:14 pm and is filed under Condo 101 Tips. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.


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