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Sep 25, 2023 · What’s the Difference Between a Condo and an Apartment? Unlike standalone structures, both condos and apartments are units within a complex (meaning they share walls with their...
Aug 7, 2022 · Condo is short for “condominium,” a residence within a larger building complex. Learn the difference between a condo vs. apartment, and more.
Feb 7, 2023 · The biggest difference between a condo and an apartment is ownership. An apartment is defined as a residence that is rented, often as part of a larger residential building. A condo can be...
Feb 14, 2019 · The biggest difference between a condo and an apartment is ownership. Condos are typically individually owned and rented out privately, while an apartment is usually owned by a property management company that rents out and manages all of the units.
Feb 23, 2024 · A condominium (also called a "condo") is a large property complex comprised of individual units, and each unit is owned separately. Ownership usually includes a nonexclusive interest in certain...
Jun 28, 2022 · 1. You can rent or own a condo. A condominium, or condo, is a single unit that’s part of a larger complex. Like apartments, you’ll probably share one, two, or three walls with your neighbors. But a different person usually owns each unit.
Oct 17, 2023 · Sometimes apartment complexes are buildings filled with private apartments or condos. The owner can rent out these apartments but probably have HOA fees that could raise your rent. An apartment complex is more likely to be a high-rise in the city or sprawling property with multiple units.
