Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 9 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Phil Harding
  • Portland, OR
0
Votes |
4
Posts

Deeded condo parking space marked "Handicapped"

Phil Harding
  • Portland, OR
Posted

Hi,

I'm working on a condo deal in a medium sized building in Oregon and all the financials are to my satisfaction, however, I have discovered that the deeded indoor parking space that comes with the unit is marked handicapped. The previous owner was handicapped with associated tags, so it wasn't an issue. However, future occupants are unlikely to be handicapped. Evidently when the building was built they were required to designate a handicapped parking indoors. No other indoor spaces are marked handicap, and none are HOA owned.

Does anyone know if the individual owner of a deeded parking space, who owns only one, is required to maintain it as a handicapped space? By deeded, I mean the deed for the unit says "Unit #X and parking space #Y. The space in question could not be used for guest parking (you need two sets of openers/codes to access it) and there is a handicapped space owned by the HOA outside the building. I certainly don't want my deeded space to become a community space, as parking is at a premium in the neighborhood.

I know one answer is "call a lawyer." I've already hired one to look into this question and will post his respond when it comes, but frankly I trust the collective wisdom here for a practical solution. Thanks for any insights.

Phil

Loading replies...