What are the rules regarding renovations in a condo unit? Do you need permission from the HOA to make renovations?

Condos are ideal for long-term living and investment, while apartments suit those seeking short-term flexibility without ownership responsibilities. Conclusion. More specifically, a condo is a form of ownership where people own their unit within a larger building or community, while apartments are rented living spaces ... 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 ... Feb 3, 2020 ... A condominium is a type of property where you own a residence and co-own a share of the community property or 'common elements' with other people. May 25, 2022 ... The biggest difference between a condo and an apartment is ownership. Typically, a condo is owned and managed by a landlord and is therefore individually owned. 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 ... May 16, 2022 ... Lofts are large, open, adaptable spaces that have been converted for residential use. Many lofts have exposed fixtures, huge natural light ... 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. May 19, 2017 ... Condo units are owned by individuals and rented out, which means the owner is your landlord. Downtown Chicago condos are often managed by the ... Apr 22, 2022 ... Condos may be more expensive to buy, but easier to finance. Apartments in cooperative buildings tend to cost less, but are harder to finance. A ...