5 Ways to be a Responsible Condo Owner

5 Ways to be a Responsible Condo Owner

Owning a condo in Florida is a great idea. It allows you to have a beautiful piece of property, and you don't have as much maintenance as if you were to own a home. Being a responsible condo owner is a little involved, though it's easy if you know what needs to be done.

Pay Your Dues

Most condos have condo associations, and dues that are associated with them. You want to be sure that you are paying these, whether it is monthly or annually. Failure to pay will result in fines. The money from your dues is also what helps to upkeep the condos along with the overall property.

Monitor Your Unit

It's a good idea to monitor your condo unit for any kind of suspicious activity. If you see someone walking around the property that doesn't look like they belong, notify security. If you have a security system built-in, you want to pay to have it monitored. It’s a small added price to pay for your protection. Further, monitored security generally saves you money on condo insurance premiums.

Avoid Giving Out Spare Keys

It might be convenient to hand out keys to your unit periodically. This could be to someone who is renting, a cleaning company, or anyone else. The problem is, once you get the keys back, you cannot be sure of whether they made a copy or not. Switching to a digital lock will allow you to maintain greater control of who has access.

Pay for Condo Insurance

Condo insurance premiums are more affordable than you might think. It provides protection against things that could damage your condo as well as all of your belongings. You would be protected against flooding, fire, theft, and much more. The only way to get a good policy is to take the time to explore your options. Many insurance companies in Florida write policies for condos. An independent insurance agent can help to answer some questions and ensure that the policy is as comprehensive as you need it to be.

Use Smart Technology

There is more smart technology available than ever before. By creating a smart home, you have greater control over security, lighting, and more. You will be able to see who is at the door before ever getting there, and be able to monitor what's going on with in your home using a mobile app.

The reality is that you are never on your own. If you want help with being responsible condo owner, you can talk to an independent agent. They can talk to you not only about insurance premiums, but also give you some tips on how to secure your property and take advantage of the latest technology.