what is a condominium house

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Condo vs Townhouse. What's the difference and which should. – Condos often include HOA fees that contribute to community maintenance and amenities HOAs (Home Owner Associations) are comprised of condo owners that meet together to discuss the maintenance and rules of the condominium community If you are still unsure what a townhouse or townhome is, or what a condo is, leave a comment below.

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Condo vs. Townhouse: What's the Difference? – Condominiums often have a community focus with a club house, pool, golf course and/or similar amenity. Some townhouse communities offer the same types of amenities as condos, but others are more private.

What is the difference between an apartment and a condominium. – As Bruce noted, an "apartment" is a description of a physical thing, like a house or a factory or an igloo. A "condominium", however, is a legally defined term for a type of ownership structure. In the old days, ownership of a residential dwelling was simple: there was a house, it held one family, and was owned by one person.

what is the equity of a home home equity loan – Wikipedia – A home equity loan is a type of loan in which the borrower uses the equity of his or her home as collateral. The loan amount is determined by the value of the property, and the value of the property is determined by an appraiser from the lending institution. [1]

Buying a Condominium vs. Buying a House – LegalMatch – Buying a Condominium vs. Buying a House There are some fundamental differences between condominiums and houses that a potential buyer should keep in mind when considering what type of residence to purchase for residential purposes:

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Condo Vs. House: How to Choose the Right Home for You. – Condos are usually more affordable than a house, even with the housing market in flux. Give this point considerable thought. The last thing you want is to overextend financially.

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Townhouses Versus Condos, Why the Difference Matters – A condo or condominium is a single building or a community of buildings with separate units owned by individual residents. Condos can vary in size or style, ranging from individual homes to high-rises, but they often share walls with adjacent units.

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