What are the costs associated with renting an apartment? What are HOA fees in a condo?

Dec 29, 2020 ... So, let's dive in and explore the differences between apartment and condominium properties, with some insight on flats thrown in for added ... 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 ... 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 ... Oct 31, 2020 ... 'Flats' are used more generically, as in to indicate lower social class dwelling, whereas the term 'apartments' is used to indicate an upper class or luxurious ... A condominium, or condo, is an individually owned unit in a complex or building of units. · A condo owner owns the space inside their condo and shares ownership ... 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 ... What are the Key Differences? On the surface, condo units may not look very different from apartments. The cost may be similar, and the appearances may be ... 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 ... 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 14, 2019 ... Ownership. The biggest difference between renting an apartment and leasing a condo is the ownership – who you'll be dealing with as a tenant or ...