Buying a new condo? 5 things to know

(NC) If you’re looking at purchasing a pre-construction condo, you’ll soon encounter strange new words that may make you feel like you’ve just set foot in a foreign country. Since it’s never too early to talk the talk, here are some terms to learn that can help you make smart decisions: Occupancy date This is the date your unit is ready for you to move in. It’s also the date your seven-year warranty takes effect.

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