This is very important to find out before proceeding further with an apartment to potentially purchase. Litigation, especially when it’s between shareholders and the building, can be extremely messy and expensive for all owners.
If an owner stops paying common charges on his condo, the condo board could technically put a lien for common charges on the apartment. However, this can be expensive to enforce through litigation and as a result, many buildings end up not doing anything. Thus, the cost of everyone else’s common charges goes up.
Pro Tip: No one usually wins in litigation except the lawyers who rack up large sums of fees.
This question is commonly overlooked among apartment viewing tips given by agents. Asking a listing agent whether the apartment gets good light will only get you a dubiously positive answer. Instead, consider asking the listing agent which directions the windows face. This is a simple and easily verified fact.
Depending on where you are in the city, if the windows face south or north, you may be able to get direct sunlight throughout much of the day. If the windows face east, you will get direct sunlight in the morning but no sunlight at night. The reverse is true if your windows face west, you will to see the sun set but won’t see it in the morning.