In Purchasing a Condominium, the Most Important Document to the Buyer

question 13

Multiple Choice

In purchasing a condominium, the most important document to the buyer is the Master Deed.The Master Deed in most cases:

• A)authorizes a Board of Directors to administer the condominium affairs pursuant to the bylaws and to assess the owners in order to adequately
• Maintain the condominium.
• B)describes the condominium units and the common.areas and any restrictions on their use.
• C)establishes the undivided interest percentage.
• D)all of the above.