What are the implications of living in a condo with a high percentage of renters?

Dec 14, 2020 ... While similar, there are key differences between a condo and an apartment. See what a condo is & all the perks of owning or renting a condo. Aug 28, 2023 ... Comments Section ... An apartment is rented. You would sign a lease and pay a monthly rent to the landlord. A condo is purchased. You would pay ... May 12, 2010 ... In the building code they would be an R-2 which is the same as an apartment (the only real difference between the two is that you rent one and ... Dec 16, 2022 ... A townhouse is similar to a condo, but more closely resembles a single-family home. Usually, several townhouses are connected, like row houses, ... Jul 16, 2018 ... An apartment is typically entirely owned by a leasing company that leases out its units. A condo unit is owned by a separate condo owner. A ... Nov 7, 2022 ... The main difference between a condo and an apartment is who owns the property. With a condo, the person who owns the unit usually lives in it. Mar 15, 2022 ... I thought it would be worthwhile to tackle the difference between the two real estate classes and why they differ so much from a modeling ... Jan 2, 2024 ... The difference is largely a question of renting vs owning and the costs and benefits of each. Apr 18, 2024 ... What's the Difference Between a Condo and an Apartment? ... The primary difference between a condo and an apartment is that condos are available ... Condominiums share non-exclusive common areas that are in the condo management's control. Unlike an apartment, different individuals own the dwelling units in a ...