Do you usually own the land if you buy a condo?

Tips and Deals Forums Home Insurance Do you usually own the land if you buy a condo?

This topic contains 0 replies, has 1 voice, and was last updated by  Anonymous 7 years ago.

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    Anonymous

    If you buy an attached condo, do you usually own the land? It isn’t a place where there are two to three levels of condos stacked, but each condo is 3 stories and share a wall with the neighboring condo. In these situations, specifically orange county, do you usually own the land or just the condo?

    Also, if some how the condo gets destroyed by a natural disaster, are you pretty much out of luck since you don’t own the land?

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