Whether you're just getting started in life or retiring and looking to downsize, a condominium is a great way to go.

You don't have to worry about the yard, yet it's your own property so you can paint the walls chartreuse and install grow lights for your man-eating plants if it makes you happy.

Because there's a unit owner, but the common areas and larger building itself are under the control of the association, there are some unique insurance issues you need to be aware of.

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