What are the potential red flags to look for in a condo association's financial statements? What is a capital improvement project in a condo building?

Apr 14, 2025 ... Condo: Condos (apartment homes) are individually titled, with each unit owned by a separate owner. In other words, when you buy a condo, you not ... 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 ... May 19, 2023 ... ... differences, between condos and apartments before you sign that purchase or leasing agreement. What's the difference between a condo vs. an ... Apartment tenants report either to a landlord or to a property manager within a leasing office and must abide by community guidelines. What is the difference ... May 24, 2024 ... A condominium is a single unit of a larger housing structure — it can be in a high-rise building or part of a converted multifamily structure ... 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 ... Condos are ideal for long-term living and investment, while apartments suit those seeking short-term flexibility without ownership responsibilities. Conclusion. Nov 25, 2020 ... Unlike an apartment, a condo is a private residence owned by an individual homeowner. Condo buyers own their units and a share of common use ... Jul 31, 2024 ... The biggest difference between a condo and a townhouse when it comes to a mortgage, though? The financing options. With townhouses, unlike ... Oct 29, 2018 ... But unlike an apartment, a condo is owned by its resident, not rented from a landlord. A townhouse is an attached home also owned by its ...