What are the cons of living in a condo?

Now, what distinguishes a condo from an apartment? Nothing at all with respect to physical characteristics. The distinction between the two is due to ownership. 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. A condominium, or condo for short, is a type of property ownership that is usually located in a residential building or community, but the unit itself is owned ... 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 ... 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 ... Jun 8, 2023 ... What's the Difference Between a Co-op and a Condo? Are Condos More ... in an apartment before they can rent it out. And some co-ops don ... 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. The main difference between a condo and an apartment is in the ownership of the property. With a condo, the units are individually owned. Meanwhile, with an ... What is a Condo? The major distinction between an apartment and a condominium is ownership. A condo is a privately owned unit in a complex with other comparable ... Jul 22, 2024 ... Condo ownership grants you more control and flexibility in customization, but also entails individual maintenance and potential HOA fees. On the ...