Silver Spring Condo and Co-op Lawyers

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Condominium and Cooperative Law in Maryland

Cooperatives and condominiums are instances of "common interest" communities.

These are residential areas with one or more buildings, each housing multiple residential units. The units are part of a larger building, which contains other residential units. In turn, there are several such buildings on the property. The units are rented or owned by the residents, but the building as a whole, and the land on which it sits, is owned either by a third party, or collectively by all the residents. The residents, in addition to mortgage or rent, normally have to pay a fee to cover maintenance of the common areas.

Just looking at the physical structure of a condominium or cooperative community, it would be nearly impossible to tell which is which.

This is because there are no defining physical characteristics which are distinct to one type of cooperative community, but not the other. The significant differences aren't embodied in physical characteristics, but in the legal ownership arrangement governing the communities: in a condominium community, the residents own the units they live in. In a cooperative community, the units are rented.

Laws and Regulations Concerning Common Interest Communities in Silver Spring, Maryland

There are numerous laws in Silver Spring, Maryland that might be applicable to common interest communities. But most of these laws are not unique to common-interest communities. Rather, they usually concern zoning, land use, and contract law, which are applicable to most other types of real estate, as well.

Typically, the rules established by the owner of the property, or the entity tasked with managing it, are going to have much more of a day-to-day effect on your life than any state laws governing these types of communities.

The land that common interest communities occupy is normally private property. Therefore, the owners of the property are free to make certain rules governing what is and isn't allowed on it. A good manager or owner will normally make every effort to strike a balance between residents' freedom to do what they want in their homes, and the rights of their neighbors to a safe, clean, and reasonably quiet living space.

The enforceability of some of these rules may depend on Silver Spring, Maryland's laws controlling relations between landlords and tenants.

Can a Silver Spring, Maryland Attorney Help?

If you have problems with your landlord, your homeowners association, or a neighbor, a seasoned Silver Spring, Maryland real estate lawyer may prove invaluable.

Talk to a Real Estate Law Attorney now!

Life in Silver Spring

Silver Spring is located in Montgomery County, Maryland. It has a population of around 71,452 per the 2010 census. It is Maryland's fourth most populated city after Baltimore, Columbia, and Germantown.

Downtown Silver Spring is known as a major business hub. Many small businesses have located in downtown. These business include retail, services and the legal industry. Two of the largest employers include Choice Hotels and Discovery Communications. To support all the small businesses and local residents, many attorneys have established small firms and law offices to tend to any and every legal need.

Popular attractions include the American Film Institute Silver Theatre and Culture Center, the Silver Spring Jazz Festival, and the Gandhi Brigade media project.

All in all, Silver Spring is a loving town with both a business-savvy and community-like buzz!

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