What are pro's and cons of Condominium Associations vs Zero Lot Line Orgs?

As best I can understand it, a zero lot line organization assigns ownership and responsibility for upkeep and maintenance to areas of property where housing exists. The extent of the lot, which may be particularly close to a neighbor or the street, is also owned by the home owner.

In a condominium, real estate assets outside a determined line, such as the interior unit wall -- governing documents state the line, and differ from each other -- that separates what an owner owns personally, and what the owner owns in common with all other owners.


In a condominium, owners pay assessments to keep up public areas, common amenities, such as the garage, the pool, etc., and to cover master insurance policy premiums and some basic utilities.


The pros and cons of any real estate investment depends on what you want in terms of a lifestyle. Read governing documents in advance of any purchase, to fully understand the pros and cons of any investment relative to your style of living.


Both can offer a sense of community, because of the close proximity of neighbors.