What happens if the apartment building owner decides to sell while you are renting?

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 ... 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. 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, 2023 ... The difference between a condo and an apartment in Brownsburg is that a condo is obtained just like a house. That “house” is then located in a multi-family ... 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 ... 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 ... 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 ... As a renter, there are a few main potential differences to keep in mind: Parking is usually always free at condos, whereas parking can cost $60 to $100+ per ... Mar 26, 2024 ... Classic apartments in Indonesia are typically owned by a single entity, such as a developer or a company. In contrast, individual units in a ... 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 ...