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Condominium Land Units (vacant land lots)
I posted this in the New Home Building thread I started in the "How To" forum, but maybe I could get an answer here...
Does anyone have info about "Condominium Land Units?" The "property lines" are the unit divisions. What is the difference between a land development that is a regular subdivision, and a condominium land unit development? Why would a developer chose to do it that way? Are there risks or things I should consider before buying a lot that is contracturally structured this way? Any info is appreciated--web searches haven't been very productive.
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I know God will not give me anything I can't handle. I just wish that He didn't trust me so much.
--Blessed Mother Teresa
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