eXp Realty NYC is committed to adhering to the guidelines of The New York State Fair Housing Regulations. 

Click to view the NYS Fair Housing Notice and NYS Fair Housing Disclosure.

Standard Operating Procedures for Purchasers of Real Estate Property Pursuant to Real Property Law §442-H

Definition of a Condo

What Are Condominiums?

Condominiums are considered real property in Manhattan, just like freestanding houses, the difference being that ownership of a condo is ownership of an individual property in a multi-unit structure, along with joint ownership of common elements such as hallways, stairs, recreation areas, etc.Condo.jpg

A condominium association, which includes all condo owners, elects a Board of Managers to construct its house rules.  The Board of Managers determines the cost of operating the building and sets the monthly maintenance expense, called common charges. In addition to common charges, taxes for condominium units are paid directly to the city and state, twice a year by the individual unit owner.  There are a few challenges when you consider selling your condo and my Marketing Plan is prepared to help you.
Lee Presser
Lee Presser
Lic. Associate Real Estate Broker
1501 Broadway 12th FL New York NY 10036