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Aug 30, 2022 ... The most significant difference between condos and apartments is ownership. When living in an apartment, residents rent their units every month. Mar 1, 2024 ... A condo is partial ownership of a building. A condo apartment is an apartment. A condo townhouse is also a condo. But people will call it their ... 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 ... Nov 21, 2021 ... The only difference between a condo and an apartment is in the way you make your monthly payments. Condos are managed by a Homeowners' Association (HOA) and ... 3 days ago ... A condominium is a fundamental property often manifested as an apartment unit in a building. Condos are usually individually owned by different ... Condos are ideal for long-term living and investment, while apartments suit those seeking short-term flexibility without ownership responsibilities. Conclusion. In your condominium, you will have to learn the rules of the HOA and any rules your landlord may have set. Apartment rules are stated clearly in your lease and ... Jul 16, 2021 ... Hi, 1) Technically, an apartment is a private condo land size less than 4,000 sqm. A private condo's land size must be larger than 4,000 sqm to ... Feb 1, 2022 ... A condo is a unit owned by an individual, who either lives in the unit or leases it out. An apartment is a unit in a building that is owned by a landlord. Jul 22, 2024 ... Condo ownership grants you more control and flexibility in customization, but also entails individual maintenance and potential HOA fees. On the ...
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