When purchasing a condo, buyers need to consider many factors before signing the final document.

Community associations are governed by an assortment of rules and regulations, and would-be owners who fail to research the associations in which they are interested can end up moving into their new condo without full knowledge of what life will be like.

Amir Isaiah, director of receivership and fiduciary services for the accounting firm Kaufman, Rossin and Co., said that after they’ve qualified for financing, potential buyers should have a list of questions for the property manager. Those questions should explore property tax rates, special assessment rates, common element rates, insurance coverage, security, budget, capital reserves and ownership rights.