Who is responsible for repairs in a rented apartment? Who is responsible for maintenance of common areas in a condo?

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 ... 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 ... Mar 15, 2022 ... I thought it would be worthwhile to tackle the difference between the two real estate classes and why they differ so much from a modeling ... 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 ... While condo units are owned by individual owners, an apartment is typically owned and managed by one entity and is supervised by the community property manager. The biggest difference between a condo and an apartment is ownership. Condos are privately owned and, in fact, represent a very special type of home ownership. 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 ... 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 ... 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 ... What is a Condo? The major distinction between an apartment and a condominium is ownership. A condo is a privately owned unit in a complex with other comparable ...