How are condo board members elected?

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. Condos. Condominium units differ in ownership from apartments because each condo typically has a unique owner. All the homeowners within a condo building will ... Mar 5, 2021 ... Apartments and condominiums (or condos for short) can be identical units within the same building - the difference between them is ownership. Apr 8, 2020 ... The main difference between a condo and an apartment is how it is owned. With a condo, each unit in the condo building has an individual owner. Nov 16, 2021 ... What's a condo? ... A condo or a condominium is defined as a living space closely resembling an apartment. The major difference is that a condo is ... Nov 21, 2023 ... The main difference between a condo and apartment is that an apartment is not available for sale and complete ownership. Meanwhile, you can buy ... 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 ... Jan 13, 2023 ... A condominium, more commonly known as a "condo,” is a residential property privately owned and rented out to tenants. Unlike apartments that are ... Mar 28, 2022 ... Whereas each unit in a condo building is owned by individual occupants, all of the units in an apartment building are owned by one person: the ... Sep 3, 2024 ... Ownership Status · Condos are purchased properties that you own outright as personal real estate. · Lofts can be rented or owned depending on the ...