Conduct some research on common interest communities and answer the following questions on them:
- What is the difference between a cooperative and a condominium?
- What is a declaration of condominium and why is important?
- Name five elements that a declaration of condominium should contain.
- What are time shares and would you consider getting one? If so, where and why?
- Explain what a CCRC is and explain in detail each of the three types of contracts involved with living at one.