Condominium is a form of real estate ownership. Condo owners hold fee simple title to their condominium unit plus a share of limited common areas and common areas of the property as well. This type of ownership is particularly suited to Northwoods resort developments so that people can own a cottage at a resort plus share in the common grounds, beach areas, and other shared amenities.
We recommend you talk with an Eliason Realty agent for more details about condominiums across the Northwoods that may be well-suited to your real estate needs. Our company has sold the lion's share of condominiums in the Northwoods. We understand the process and can help you navigate the details from reviewing condominium documents, plats, to arranging financing, reviewing your warranty deed and reaching a successful closing!