What is a homeowner's association (HOA)?

Type “condo meaning in Canada” into your favourite search engine, and you'll find that the main difference between the two is that you can buy a condo, whereas ... 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 ... However, townhouses and condos are also available to rent. Now that you know what some of your options are, learn more about the differences and compare the ... 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 ... 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 ... 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 ... 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 ... 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, ... 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. 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 ...