Why is title insurance important when buying a condo?

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 ... 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 most important difference between a condo or an apartment in Indianapolis is who owns it. Let's break it down a little more. 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 ... Jan 27, 2024 ... A condo is an apartment owned by a single person. Similarly, a condo building is a building in which all the units are owned by individuals holding deeds for ... Now, what distinguishes a condo from an apartment? Nothing at all with respect to physical characteristics. The distinction between the two is due to ownership. 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 ... Jul 16, 2021 ... Hi, 1) Technically, an apartment is a private condo land size less than 4,000 sqm. A private condo's land size must be larger than 4,000 sqm to ... 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 15, 2022 ... The most notable difference between an apartment and a condo is ownership. A tenant in an apartment signs a rental agreement with the owner of the building and ...