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    Condominium buying guide

    Condominium Bylaws, Indentures, Declarations and Rules

    When buying a condominium, the first thing an experiended buyer will ask is "can I get the indentures and bylaws?"  This is because buying Condominiums involves some very important details that are NOT invovled when buying single family homes. 

    Condominium owners usually own the interior space of their unit, and also a percentage of the association.   This is also known as membership.  The overall expenses of the whole association are managed by a condominium board, and / or a managment company, and each owner pays their percentage of the total fees.   The association is governed according to a set of documents known as the Condominium Conditions and Restrictions (CCR's), and also known as Declarations and Indentures.   A part of these documents are known as the bylaws and / or building rules.  These documents are legal in nature and establish how the condominiums are run, who is responsible for what, and what is and is not allowed.  Usually these documents are prepared by an attorney prior to the establishment of the association, as working democratically as an association to establish the declarations would be almost impossible.   Often times these documents can be complex, and it may be helpful to have an attorney review them for total understanding and protection.   

    The most important thing, and the reason for this discussion, is that anyone buying a loft or condominum should pay close attention to what is said in these documents, because the use of the condominium is controlled by the collective documents and knowing the contents BEFORE closing is vital.

    The process of buying a condominium, loft or villa, usually requires that an offer be made and accepted prior to the seller ordering the documents for the buyers information.   In St. Louis, there is a condominium rider to the sale contact that mandates what the seller is to provide for the buyer.   Once the process is in motion, the buyer receives the CCR's and has an opportunity to 'inspect' them at roughly the same time they have a building inspector take a look at the unit itself.  It is vitally important that the buyer understands and reviews the declarations and bylaws within the contingency period.  If the buyer does not find the Condtions and Restrictions, or any of the financial information provided acceptable, they can terminate the contact and get their earnest money back for a different property.  

    The Realtors at Premier Realty Exclusive are condominium specialists that know how to help buyers navigate the sometimes complex world of condominiums with regards to condominiums declarations, indentures, bylaws and rules.  Contact us today to discuss your goals of condo living!

    St. Louis Lofts & Condos

    333 Woods Mill Terrace  Lane, Chesterfield image
    333 Woods Mill Terrace Lane, Chesterfield — Terraces at Woods Mill $369,000

    One owner Ranch villa is waiting for your style & finishing touches. Priced to sell: Endless possibilities to customize this open & spacious 2 bedrooms, 3 full bath end-u...

    • 2 Beds
    • 3 Baths
    • 21004765 MLS
    • Terraces at Woods Mill Bldg.
    • COMING SOON Status
    440 East Lockwood  Avenue Unit #102, St Louis image
    440 East Lockwood Avenue Unit #102, St Louis — Ashford Condo Ph II $405,000

    Life at The Ashford is carefee and convenient. This spacious, well-lit, corner condominium at Webster Groves' most desirable address features Triple crown molding, gas f...

    • 3 Beds
    • 2 Baths
    • 20077465 MLS
    • Ashford Condo Ph II Bldg.
    • ACTIVE Status
    1541 Dietrich Place  Court, Ballwin image
    1541 Dietrich Place Court, Ballwin — Dietrich Place $499,900

    Gorgeous 3 bed,3.5 bath GATED villa in convenient Manchester location! The space is incredible featuring over 3000sqft of finished living area. Upon entering into the foy...

    • 3 Beds
    • 3.5 Baths
    • 21012053 MLS
    • Dietrich Place Bldg.
    • ACTIVE Status
    1732 Blue Jay  Cove, St Louis image
    1732 Blue Jay Cove, St Louis — Brentwood Forest Condo Ph Two $207,500

    Beautifully renovated, effectively new condo is ready to be shown starting today. Everything in this house is either new or has been rehabbed in late 2020 & 2021. Walk up...

    • 2 Beds
    • 1 Baths
    • 21012001 MLS
    • Brentwood Forest Condo Ph Two Bldg.
    • ACTIVE Status
    1540 High School, St Louis image
    1540 High School, St Louis — Brentwood Forest Condo Ph Seven $185,000

    Located near shopping & restaurants, this condo is in the perfect location with tons of amenities! Enjoy the clubhouse, swimming pool & tennis courts! As you enter this g...

    • 2 Beds
    • 1 Baths
    • 21011975 MLS
    • Brentwood Forest Condo Ph Seven Bldg.
    • ACTIVE Status
    578 Sarah  Lane Unit #102, St Louis image
    578 Sarah Lane Unit #102, St Louis — Golfview On The Green Ph II Condomini $250,000

    First Show Fri 3/5. Enjoy easy living in this golf course community condo featuring in-ground pool, whirlpool, lobby, elevator, 2 underground secure parking spaces with a...

    • 3 Beds
    • 2.5 Baths
    • 21011726 MLS
    • Golfview On The Green Ph II Condomini Bldg.
    • COMING SOON Status
    4909 Laclede  Avenue Unit #1805, St Louis image
    4909 Laclede Avenue Unit #1805, St Louis — Park East Tower $429,000

    This condo has been updated for today's look and it is fabulous! All new light fixtures with Lutron dimmers, painted, most kitchen appliances replaced, and many more item...

    • 1 Beds
    • 1.5 Baths
    • 21011409 MLS
    • Park East Tower Bldg.
    • COMING SOON Status
    50 Brighton Unit #2N, St Louis image
    50 Brighton Unit #2N, St Louis — Shaw Park Villas Ph 1 Condo $770,000

    Sophisticated, stylish, private, and beautifully maintained - this is the total package for Clayton living! Buyers will love the great walkability of this location, the p...

    • 2 Beds
    • 2.5 Baths
    • 21011853 MLS
    • Shaw Park Villas Ph 1 Condo Bldg.
    • ACTIVE Status
    314 North Broadway  Avenue Unit #1706, St Louis image
    314 North Broadway Avenue Unit #1706, St Louis — Marquette $429,000

    Rare chance to find a larg unit (2648 sq ft) on an upper flr with tremendous River views building that offers many amenities: Rooftop pool, Dog Park, indr Party rm on the...

    • 3 Beds
    • 3 Baths
    • 21010781 MLS
    • Marquette Bldg.
    • ACTIVE Status
    8025 Maryland  Avenue Unit #5K, St Louis image
    8025 Maryland Avenue Unit #5K, St Louis — Maryland Walk A Condo $1,519,000

    The grandeur of simplicity in the heart of Clayton! This Maryland Walk condo has been transformed with clean lines & a simple palette resulting in an elegant, contemporar...

    • 3 Beds
    • 3.5 Baths
    • 21010717 MLS
    • Maryland Walk A Condo Bldg.
    • COMING SOON Status
    4101 Laclede  Avenue Unit #208, St Louis image
    4101 Laclede Avenue Unit #208, St Louis $568,160

    New and sought after luxury condo development is perfectly located in the CWE just steps from Cortex and the BJC Medical Campus. Designed by Trivers Architects, this is ...

    • 2 Beds
    • 2 Baths
    • 21011798 MLS
    • ACTIVE Status
    9125 North Swan, St Louis image
    9125 North Swan, St Louis — Brentwood Forest Condo Ph Eight $185,000

    Fabulous condo in popular Brentwood Forest! With one of the largest 2 bed, 1 bath floorplans offered, this condo boasts wood flooring, vaulted ceilings, a wood-burning f...

    • 2 Beds
    • 1 Baths
    • 21011758 MLS
    • Brentwood Forest Condo Ph Eight Bldg.
    • ACTIVE Status
    6505 San Bonita  Avenue Unit #1E, St Louis image
    6505 San Bonita Avenue Unit #1E, St Louis — 6505 San Bonita Condo $235,000

    Updated first floor condo for sale in prime location of the DeMun Clayton area with great shops, bars, restaurants nearby. Conveniently located close to Hi-Pointe Theater...

    • 2 Beds
    • 1 Baths
    • 21011249 MLS
    • 6505 San Bonita Condo Bldg.
    • ACTIVE Status
    1412 Peacock  Lane, St Louis image
    1412 Peacock Lane, St Louis — Brentwood Forest $199,000

    Fabulous condo in popular Brentwood Forest Condominiums! MOVE IN READY! ***SHOWINGS BEGIN 2/26/21 @ 2:00PM*** ***ALL OFFERS TO BE SUBMITTED BY 5 PM 2/28/21 W/RESPONSE T...

    • 2 Beds
    • 1 Baths
    • 21010279 MLS
    • Brentwood Forest Bldg.
    • ACTIVE Status
    14300 East Conway Meadows  Court Unit #207, Chesterfield image
    14300 East Conway Meadows Court Unit #207, Chesterfield — Conway Meadows $269,900

    Experience an easier lifestyle in this gated Chesterfield Condo Community. You will find comfort in main level living in a secured building that offers an attractive lob...

    • 2 Beds
    • 2 Baths
    • 21010200 MLS
    • Conway Meadows Bldg.
    • ACTIVE Status
    1501 Locust  Street Unit #1105, St Louis image
    1501 Locust Street Unit #1105, St Louis — Terra Cotta Lofts $190,000

    Stunning spacious loft in Downtown St. Louis! Unit located on the 11th floor of the 1920's Terra Cotta Lofts Building. This 2 Bedroom/2 Full Bath unit features 8 over-s...

    • 2 Beds
    • 2 Baths
    • 21011514 MLS
    • Terra Cotta Lofts Bldg.
    • ACTIVE Status
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    Premier Realty Exclusive has provided the above Real Estate Encyclopedia for informational purposes only. Any legal matters discussed are provided with the understanding that any legal questions or problems experienced need to be brought to the attention of a real estate attorney. The best way to learn about real estate is the interaction a prospective real estate customer can have with expert Realtors.  In addition to the experience and knowledge of the Realtor,plus the interaction and questions that come up, Realtors at Premier Realty Exclusive offer information on specialists in lending, appraisals, inspections, surveying and insurance agents.  All professionals are provided as a service are screebed and have a proven record of experience throughout real estate transactions.

    Contact us for more information.

     

    Let the Premier Realty Exclusive Realtors make your real estate purchase or sale a smooth experience for you!  

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    Homes for Sale in St Louis

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    St. Louis HAPPY HOME SELLER Club

    The Chris & Lisa Grus Team

    Premier Realty Exclusive

    11628 Gravois Rd.
    Saint Louis, MO.  63126
    314-772-4868

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