OurBroker Logo
Have A Consumer Real Estate Question?  Please Press Here.
What’s The Difference Between A Condo And A Townhouse? : Refinance, Home Mortgage Loans & Rates, Home Equity Loan

What’s The Difference Between A Condo And A Townhouse?

feature photo

A townhouse can be a condo.

A “townhouse” is simply attached real estate, what folks in big cities used to call “row” housing 50 years ago. Transported to the suburbs to create more units per acre, such properties are now called “townhouses.”

A “condominium” is property with a private component (the unit and usually the ground under it) as well as a general ownership interest in the common areas such as a pool or community center.

With a condo there is a condo association to which one belongs. This condo “regime” provides certain common services to all unit owners in exchange for a monthly fee.

Share and Enjoy:
  • Facebook
  • MySpace
  • StumbleUpon
  • Technorati
  • Reddit
  • Digg
  • del.icio.us
  • LinkedIn
  • Yahoo! Bookmarks
  • Google Bookmarks
  • Yahoo! Buzz
  • MSN Reporter

Post to Twitter

Technorati Tags: condo, townhouse



Have a real estate question for newspaper readers nationwide? Financing? Buying? Selling? Foreclosures? Press here to ask your question.

Copyright 2008 Peter G. Miller. All Rights Reserved. Reproduction of this material
online or off without express written permission is illegal,
however direct links to this page are welcome.
 

Print This Post Print This Post


Related Links

Post a Response