How to determine if property is a condo

[hastalavista]

Each state/jurisdiction may have its own idiosyncrasies, but my experience is that a legal description, while a good place to start the identification process, is not foolproof.
When I'm in doubt, I'll obtain a copy of the title report from the client. And, I've found mistakes in title reports so they are not foolproof either, but I'd argue checking and relying upon the title report fulfills one's due diligence requirements. :new_smile-l:

 

[Webbed Feet]

I'm appraising a property in Sun City, Arizona. The legal reads, Lot 152 and an und 1/16 int in and to tract G, Sun City Unit 46 MCR 175-17.

The lender is stating this is a condominium since there is a condominim rider attached to the deed of trust for the property and the title company says it's a condo. I don't think this is a condo since there is no horizontal property regime or declaration of condominium anywhere in the legal description.

The plat map has lot dimensions for each property. I don't know how to attach a copy of the plat map. It keeps telling me the file is too big to attach to this post.

Is there another way to determine if a property is a condo that I don't know about?

This has nothing to do with the plat map. You've been wasting your time on that.

Call a title company and ask them to see if they can find a recorded Declaration of Condominium for the project. It does not have to be on a deed as anyone may have recorded a deed and left it off, or perhaps never been on a deed or legal in the first place.

 

[Webbed Feet]

<....snip.....> Don't understand why they think they are all high and mighty and can treat people like dirt.

<....snip.....>

No other replies are necessary from the jerks on this forum.

Well, if I'd read the above I'd of not bothered.. .. Hey, sometimes I gently fondle dirt while gardening!

:new_smile-l:

 

[Howard Klahr]

For those who don't know (like me):

Horizontal Property Regime
Creation of a Condominium Project in which co-owners own free interests in units together with fractional interests in general common elements as provided for in Arizona Revised Statutes Section 33.552, which determines the use to be made of the improved land whether or not such improvement is composed of one or more separate buildings of one or more floors or stories.
QUOTE]

It's "FEE" not "FREE", but I do applaud your effort to research the info and going beyond just checking the boxes.

 

[Lost Cause]

Jo Ann To The Rescue!

Mean appraisers suck. I wish I'd never met you, you selfish SOB. I was saving myself for marriage or a designation, and now I'm soiled.:new_all_coholic:

Oh so witty...

Well, it looks like Renee turned out to be right in this one, and though X's comment is uncalled for, it is actually pretty funny.

 

[TC]

I'm not kidding about doing leg work. I had a UW rip me a new one for calling a PUD a condo when I knew damn well it was a PUD even though it was situate in a condo development. How did I know? Cuz I knocked on doors and spoke with the Prez and he supplied me with all the info I needed.
While in a newer development I inspected a vacant townhome and could find very little info at the dwelling. Walked over to the groundskeeper/maintenance shack and spoke with a Bill Murray type. He had all the info I needed.

Don't mean to sound like a wise ***, but it's not that tough to figure out.

 

[Couch Potato]

I'm not kidding about doing leg work. I had a UW rip me a new one for calling a PUD a condo when I knew damn well it was a PUD even though it was situate in a condo development. How did I know? Cuz I knocked on doors and spoke with the Prez and he supplied me with all the info I needed.
While in a newer development I inspected a vacant townhome and could find very little info at the dwelling. Walked over to the groundskeeper/maintenance shack and spoke with a Bill Murray type. He had all the info I needed.

Don't mean to sound like a wise ***, but it's not that tough to figure out.

Sometimes is can be very tough to figure out, particularly in an area that is developed over a long period of time. I once appraised a townhouse in Florida which was located in a PUD which was a unit of a condominium which was located in a PUD. (Yes, there were three different HOAs getting money.)