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Washington Law Review

Abstract

The development of the condominium concept is a direct response to the problems of urbanization, increased costs of land ownership and the necessity of utilizing the diminishing resource of land in an efficient fashion. This comment surveys problems of management, taxation, financing, liability and insurance, and the relationship of these problem areas to Washington's 1963 Horizontal Property Regimes Act. The author concludes that, though the ramifications of the Act have not as yet been tested in the courts, and though the task of drafting condomium documents is made difficult by significant areas of uncertainty in the law, hazards can be largely anticipated by the careful draftsman. The condominium appears to be a promising response to a number of current housing problems and, because of its versatility, shows promise of being the best method by which lower-income families may experience the advantages of home ownership.

First Page

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