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Condominium - Wikipedia What defines a condominium is the form of ownership Identical buildings might be marketed either as condominiums (by the developer selling the individual units) or apartments (by the developer retaining ownership and renting the units)
What Is A Condo? Pros And Cons For Homebuyers | Bankrate A condominium, usually shortened to simply “condo,” is a privately owned, individual residential unit within a community of other units In general, the owner usually owns the interior of their
What Is A Condo? A Complete Breakdown of Condos In this guide, we give you a complete breakdown of condos We cover what they are, how they work, the types of condos, the pros and cons of condo ownership, and more Read on to discover all you need to know What Is A Condo?
What is a condominium? | Rocket Mortgage From community living to walkable urban areas, condominiums (condos for short) are great options for first-time home buyers and people looking to enjoy homeownership without extensive upkeep But what is a condo?
Understanding Condominiums: Ownership, Structure, and . . . Condos involve ownership, as opposed to rental, like in apartments Another difference is the monthly fees that condo owners usually pay to a condominium association for property upkeep and
What Is a Condo? Everything You Need to Know Unlike a single-family home, which is detached and sits on a plot of land, condo living is part of a greater community (with fun amenities), and you still get to own property The best way to