03-23-2011, 06:27 AM
There is no such a thing as "CPR Ownership, it's either Fee Simple or Leasehold ownership. Fee simple means total ownership while Leasehold means you own the improvements but lease the land the improvements are built on. "CPR" means "Condominium Property Regime" and you have percentage ownership of the common elements of the condominium complex. CPR is the last number that is added to the usual 3-X-X-X-X TMK number as the sixth number, identifying the actual condominium unit. (Thus it's 3-X-X-X-X-Y.)
If you have more questions feel free to e-mail me privately.
Aloha,
John S. Rabi, GM,PB,ABR,CRB,CM,FHS
888.819.9669
johnrabi@johnrabi.com
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
(This is what I think of the Kona Board of Realtors http://KonaBoardOfRealtors.info)
If you have more questions feel free to e-mail me privately.
Aloha,
John S. Rabi, GM,PB,ABR,CRB,CM,FHS
888.819.9669
johnrabi@johnrabi.com
http://www.JohnRabi.com
Typically Tropical Properties
"The Next Level of Service!"
(This is what I think of the Kona Board of Realtors http://KonaBoardOfRealtors.info)