Once you’ve decided on your answer to this, the choice between a condo and an apartment becomes much easier to make. About author G. Dautovic I have always thought of myself as a writer, but I began my career as a data operator with a large fintech firm. This position proved invalua...
What's the difference between a condo and an apartment? 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. The landlord owns the entire residential building and leases individual ...
When it comes to condominium management, HOA (Homeowners Association) and "regime" mean the same thing. Both are the system of governance for condominiums, though HOA is the term most commonly used. The fees paid by a condo owner go toward the HOA or re
Condo vs. Apartment: What's The Difference? What's the difference between a condo and an apartment? Let's dive into cost, pros and cons, and more! Condos and apartments can be excellent options for many people. It offers a private space with a community feel while leaving you with less...
What's the difference between a condo and a co-op? The key difference between a condo and a co-op isthe ownership structure. When you buy a condo, you own the unit and a percentage of the common areas. When you buy a co-op, you actually purchase a share of the property, and you...
QUESTION: Thank goodness for your new column. Now maybe I can get an answer to my question: What is the difference between a condo and a townhouse? I’ve asked many real estate agents and friends who own condos and what a mishmash of answers I have received. Please let me know the ...
And then comes the different types of houses. Should you buy a condo or should you buy a house? What exactly is the difference between them? There are advantages and disadvantages to both a house and a condo. But which one is better? And how do you decide? It’s condo versus house...
Paying rent for a condo The greatest difference between a condo and an apartment cost-wise is the way you pay rent, utilities, and additional fees. In a condo, you’ll probably be a part of the condo community’s homeowners association (HOA). As a tenant of the condo, you’ll have ...
Looks aside, the mechanics of condos and apartments can be different. Aside from ownership, having a homeowners association (HOA) and handling maintenance are among the other differences between the two. Ownership The biggest difference between condos and apartments is how you pay for them. You’...
Learn all about corporate governance. Understand what corporate governance is, learn the structure of corporate governance, and see examples of this concept. Related to this Question What are bylaws for a condo? What is the difference between HOA bylaws and covenants?