It is most likely a SITE CONDO, which would qualify for the same rate/price/guidelines as a single family residence.

I am located in San Diego County if you have any further questions or would like to meet in person.

Best,

Rene Joseph De Blanco
jdeblanco@kinecta.org
619-301-3185

Hi Chris,
This is a detached condominium. It is imperative to read the CC&R and any additional HOA documents to determine what this means for your ownership. My understanding is that you do not technically own the land,but a fractional interest in all the land and the exclusive right to use a portion of it (your home & yard.)This complex is interesting in that it is new construction in Chollas Creek. Let me know if you need help searching for a home. I would be glad to assist you find exactly what you want.

Thanks!
Sinead McAllister
Broker
McAllister Homes Real Estate
858-205-5215
brokermcallister@gmail.com

Hi Chris,

All good answers, and it can be confusing. This property is a detached condominium. Notice the low HOA fees too. These typically have smaller lots than a regular detached home, some only have a large patio. Sometimes you'll see homes like this with HOA fees listed that say PUD. These are Planned Unit Developments, with the ownership interest different from Condominium or Single Family Residential (fee simple).

As for CC&R's, even regular subdivisions can have them from the builder. And you won't always see an HOA fee. It's something you'll generally see in escrow unless the seller tells you up front.

Let me know if you have any more questions!

Warm Regards,
Cory

Chris
Condominium is a form of ownership rather than a construction design. With condominium ownership all of the owners within a complex own a portion of the land and the buildings in common, called an undivided interest. The owner of a particular residence has the exclusive right to occupy and use that particular unit. It is possible that you will have exclusive right to a portion of the land, for instance the back yard, that you can use. You may be able to fence off a portion of the yard as well.
There are documents called Covenants, Conditions and Restrictions that govern the complex. It is important to read these documents to determine what your rights and responsibilities are. These documents in conjunction with the deed will determine what you own and what you can do with what you own.
I would be glad to get more information for you about this or other homes in the area. You can also use the search feature on my website to find other homes.

I am never too busy for your referrals

Jerry Heard
Your Broker
The San Diego Property Shop http://www.TheSanDiegoPropertyShop.com
jerry.sdps@cox.net
Direct 619-920-9796
Office 619-269-5545
Fax 619-269-9168
CA DRE # 00648687

Chris:

Adam's correct; if this is a true Condo complex you own a fractional interest in the lot, not necessarily the land your individual structure sits upon.

Some additional thoughts:

1) Ask your Realtor® to provide require that the Seller use CAR Form HOA when ordering HOA docs as this provides a checklist list of the CA Civil Code and CAR purchase contract disclosures a Seller must provide to a Buyer to meet HOA disclosure requirements.

2) One of your primary tasks, and sometimes one of the toughest things to do when purchasing a Condo/Townhome, is to obtain a clear definition of the "line of demarcation" between HOA and Owner responsibility. Meaning, from what specific point in the construction of the Condo/Townhome does responsibility / liability end for the HOA and begin for the Owner.

For example, I have had instances where exterior walls are under the HOA, but interior walls are the condo owner's responsibility (wood studs). In other cases, it has started at the interior face of the drywall. You need a definitive definition, in writing, in order to make your decision. In my experience, CC&Rs predominately do not provide enough clarity in this regard so you (with help from your Realtor®) may have to send multiple emails until you obtain a clear answer and make your final decision. Many Buyers assume the HOA has responsibility; however, it’s your job to find out if they actually do!

3) You should also try to find out if there is any scheduled pest tenting for contiguously connected Condo/Townhome cluster of unit you are considering. Unless the unit stands alone, individuals units cannot be tented, so the unit may be termite infested and it cannot be treated until everyone agrees to a tenting day (and cost); hence, try to find out when the HOA is planning to tent the structure(s) and whether this treatment has already been budgeted (that is if the HOA covers where the damage is located).

-Steve

Hi Chris,

With most condominiums in CA, you own a PERCENTAGE of the land on which the project sits. In some cases it's as simple as dividing the number of units (e.g., if there are 40 units, you may own 1/40th interest in the property). As with any property subject to CC&Rs (Covenants, Conditions and Restrictions), you should review the documents carefully so that you have a full understanding of what is the home owner's responsibility and what falls under the HOA (Home Owner's Association).

Feel free to contact me directly with any additional questions you may have.

Thanks.

Adam Mallory, Broker, ABR, e-Pro
DRE #01727909
619-566-ADAM