Are condo buildings typically smaller than apartment buildings?

The biggest difference between a condo and an apartment is ownership. Condos are privately owned and, in fact, represent a very special type of home ownership. Apr 14, 2025 ... Condo: Condos (apartment homes) are individually titled, with each unit owned by a separate owner. In other words, when you buy a condo, you not ... May 25, 2022 ... The biggest difference between a condo and an apartment is ownership. Typically, a condo is owned and managed by a landlord and is therefore individually owned. Mar 15, 2023 ... The most important difference between a condo or an apartment in Indianapolis is who owns it. Let's break it down a little more. While condo units are owned by individual owners, an apartment is typically owned and managed by one entity and is supervised by the community property manager. Apr 5, 2024 ... An apartment is usually in a multifamily building and all of the units are owned by one company or person and rented out individually. A condo ... Nov 6, 2023 ... Generally, condos offer more amenities than apartments. The HOA board allows the owners to provide their input on how the condo should be ... Generally, both are apartments within a multi-unit building. The major difference lies in the ownership structure. February 4, 2022. Spray Background Green. Type “condo meaning in Canada” into your favourite search engine, and you'll find that the main difference between the two is that you can buy a condo, whereas ... Mar 8, 2024 ... “A condo refers to a private residence located inside a shared building that individual owners can purchase, while an apartment is usually owned ...