What fees are involved in closing on a condo? What is title insurance?

Mar 15, 2023 ... The most important difference between a condo or an apartment in Indianapolis is who owns it. Let's break it down a little more. 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 ... 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 21, 2021 ... The only difference between a condo and an apartment is in the way you make your monthly payments. Condos are managed by a Homeowners' Association (HOA) and ... Condo is generally short for “condominium”, a private residential unit that may be owned or rented out to tenants by a landlord. The landlord owns the ... 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 ... Sep 14, 2017 ... We have found that design for condos ultimately focuses on permanency, similar to the design of single family home; as opposed to apartment ... an apartment is who you'll pay rent to. If you're renting a condo, you'll pay rent directly to the property owner, who acts as your landlord. If you're renting ... Dec 12, 2024 ... Ownership is the biggest difference between a condo vs. an apartment. In short, an apartment is a rented residential unit that's part of a larger residential ... Nov 6, 2023 ... Generally, condos offer more amenities than apartments. The HOA board allows the owners to provide their input on how the condo should be ...