Is a condominium association a landlord?

Employees of the owners of condominiums, townhouses, cooperative units or apartment complexes of four units or less or the owners' management agent or employees of the management agent repairing or maintaining structures owned by them.11.

A Vancouver-based company says it has signed up more than 5,000 Canadians to directly pay their rent or condominium fees with a credit card since launching almost two years ago.

Not familiar with the licensing idea/concept, boat slips here are "condominiumized" and the buyer gets title. 

: 3rd quarter of 2018 vs. 3rd quarter of 2017:Home sales are up 6%, Median sales price is NC, Dollar Volume is up 6%Condo Sales are up 22%, Median sales price is up 11%, Dollar volume is up 32%Land sales are down 5%, median price is up 33%, dollar volume is up 59%-Source: Fidelity National Title and The Realtors Association of Maui "The median price of a single-family home on Maui jumped 16 percent in September, compared to a year ago, and the median price of a condominium jumped 18 percent, compared to September 2017, according to statistics from the Realtors Association of Maui.The median price of a single-family home on Maui last month was $754,248, compared to $650,000 in September 2017.

To do this, investors should be looking to sell or exchange out of these types of properties: High-Risk/Growth Properties 1. condominium units 2. debt-financed acquisitions with thin capitalization (low downpayment) 3. property purchased under development contract 4. development units recently built 5. vacation properties 6. raw land in developing areas 7. high-income or luxury single family residences.

RevocationCompletion NoticeCondominiumConsentContractReimbursement ContractSeperation ContractSewer ContractContract AddendumContract AssignmentContract ModificationCorrectionCovenantUtility Service CovenantCovenants, Conditions & RestrictionsCovenants, Conditions & Restrictions AmendmentCovenants, Conditions, & Restrictions ModificationCovenants, Conditions & Restrictions ReleaseRequest for Access/CopyRequest for Disclosure of DischargeRequest for Exemption from Public DisclosureDeath CertificateDeclarationHomestead DeclarationHomestead Declaration AbandonmentDecreeDedicationDeedDeed of ReconveyanceTransfer on Death DeedDeed of TrustDeed of Trust AddendumDefaultDischargeDisclaimerDiscontinuanceNotice of DiscontinuanceNotice of Discontinuance of Trustee's SaleDissolutionDivorceEarnest Money AgreementEasementLandscape EasementSewer EasementSidewalk EasementWater EasementEasement AmendmentEasement AssignmentEasement Partial ReleaseEasement ReleaseEasement VacationEstoppel CertificateExecutionExtensionFederal Tax LienFederal Tax Lien AmendedFederal Tax Lien Non-AttachmentFederal Tax Lien Partial SatisfactionFederal Tax Lien RefileFederal Tax Lien RevocationFederal Tax Lien Revocation of ReleaseFederal Tax Lien SatisfactionFederal Tax Lien SubordinationFederal Tax Lien WithdrawalFindings of FactFirst Right of RefusalFixture Filing = UCC-Uniform Commercial CodeUCC AmendmentUCC AssignmentUCC ContinuationUCC Partial AssignmentUCC Partial ReleaseUCC TerminationForeclosureNotice of ForeclosureForest LandForest Land ReleaseForfeitureGoing Out of Business SaleHazardous Substances CertificateHistorical RegistrationHomestead DeclarationHomestead Declaration AbandonmentIndemnificationIndentureSupplemental IndentureIntent to LienInterlocal AgreementJudgmentLand UseLandscape EasementLeaseMemorandum of Lease = LeaseLease AddendumLease OptionLease ReleaseLease RenewalLetterLicenseLienChattel LienFederal Tax LienLien Amendment Support EnforcementLien SearchLien Support EnforcementLighting Utility DistrictLis PendensLis Pendens ReleaseLoan Modification = ModificationMaintenance AgreementMarriageMarriage ApplicationMarriage CertificateMemorandumMemorandum of Lease = LeaseMemorandum of UnderstandingMergerMineral ClaimMining ClaimMiscellaneous DocumentMitigation CreditsModificationContract ModificationCovenants, Conditions, & Restrictions ModificationLoan Modification = ModificationModification of Deed of Trust = ModificationMoratoriumMortgageMortgage ModificationMulti DocName ChangeNon-DisturbanceNoticeCompletion NoticeNotice of ContinuanceNotice of CureNotice of DefaultNotice of DiscontinuanceNotice of Discontinuance of Trustee's SaleNotice of ForeclosureNotice of Intent to ForfeitNotice of Intent to Forfeit AmendedNotice of Trustee's SaleNotice of Trustee's Sale AmendmentNuptial AgreementOpen SpaceOptionLease OptionOrderOrdinancePartial AssignmentUCC Partial AssignmentPartial Assignment of Deed of TrustPartial ReconveyancePartial ReleaseEasement Partial ReleasePower of Attorney Partial RevocationUCC Partial ReleasePartial SatisfactionFederal Tax Lien Partial SatisfactionPartial Satisfaction of Lien Support EnfPartnership AgreementPatentPayment of Inheritance TaxPermitPlatPlat AmendmentPower of AttorneyPower of Attorney Partial RevocationPower of Attorney RevocationProcess Server FeesProclamationPromissory NoteReconveyanceRedemptionRedemption ReleaseReimbursement ContractReimbursement Contract SatisfactionReinstatementReleaseCovenants, Conditions & Restrictions ReleaseEasement ReleaseFederal Tax Lien Revocation of ReleaseForest Land ReleaseLease ReleaseLis Pendens ReleaseRedemption ReleaseRelease of Attorney LienRelease of Inheritance TaxRelease of Lien BondRelinquishmentRemovalRemoval from Real PropertyRemoval of Condominium statusRequestRequest for Access/CopyRequest for Disclosure of DischargeRequest for Exemption from Public DisclosureRequest for NoticeRequest for ReconveyanceRescissionResignationResignation & AppointmentResignation of TrusteeResolutionRetentionRevocationCommunity Prop.

This type of real estate also has the highest rates for insurance, maintenance, and property taxes—expenses that can really cut into ROI.In fact, some of the most profitable Miami vacation rentals are condominiums, especially those in beachfront high-rises.

Hi Travis,A bit of an tangent, but you may want to direct the agent to look into townhouses instead of condominiums.  

We had a similar situation at a condominium in Gainesville where a pipe that broke on the third floor caused damages to the second and first floor units.