This is going to seem scattered and didn't know where to start, plus have a paper due first thing in the morning. Just wanted to get this rolling.
Mother owns a condo and she is no longer able to stay or care for the unit.
Local economy has crashed since oil has fallen over the last couple years and unable to sell unit.
Association fee is rather high ($500) because Alaska, location (bluff on water), and unit is twice the size of the next largest.
She offered me and my wife / kids to stay in the condo for association fee cost. Currently we're college students and wife is recovering from automotive accident, and our current location is $250 more a month, plus a 15 mile commute each way and would would be saving close to $700 a month due to reduced fuel consumption on two vehicles and having a larger kitchen allowing us to cook real healthy meals.
I have the deceleration in PDF and would like someone who has experience to review please. My mother wants us to move in and feels we're not 'renting' her unit being family, but instead caring for the unit till local economy turns around. However in the deceleration there is a small section about unit leasing and not sure we would actually fall under this.
Would someone be willing to review this and offer some opinions.
Edit: Wrong one was posted. Working on finding the right section again. (Fixed) Also have two other sections if needed for review.
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