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When you purchase a condominium and grant a mortgage one of the documents you will be required to sign in connection with your loan is a "Condominium Rider." This rider is an attachment to the document recorded in the land records to secure your loan.

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7y ago
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13y ago

Your broker can explain this concept to you given your particular situation in your state.

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Q: What is a condominium association exclusion rider bond?
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