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Difference Between Condos And Apartment
Though the actual terms in many cases are used interchangeably, condominiums (commonly known
as condominiums ) and apartments are not a similar thing.
Definitely , condos and apartments are
extremely similar, but...
More
•
•
Difference Between Condos And Apartment
Though the actual terms in many cases are used interchangeably, condominiums (commonly known
as condominiums ) and apartments are not a similar thing.
Definitely , condos and apartments are
extremely similar, but there s one main difference.
Lawfully , each property type differs , as can be
viewed from the subsequent definitions:
Condominium — A type of ownership in real property where all of the owners personal the
property, typical areas and buildings together , with the exception of the inside of the device to which
they have title.
Often mistakenly known as a type of construction or improvement , it actually refers
to the type of ownership.
[Real estate ABC Glossary]
Apartment — A room or set of rooms fitted especially with housekeeping facilities and usually
leased as a home.
[Merriam-Webster Dictionary]
All right , so those are the "dictionary " definitions.
.
.
however what is the distinction really? to
understand the difference v
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