What Is The Difference Between Condominium And Apartment?

What Is The Difference Between Condominium And Apartment? The biggest difference between a condo vs. apartment is ownership. An apartment is defined as a residence that is rented, often as part of a larger residential building. A condo is similar in structure to an apartment — usually a unit within a larger residential building —

Does Hoa Cover Condo Maintenance?

Does Hoa Cover Condo Maintenance? HOAs Take Care of Exterior Maintenance and Common Spaces. Many condos fall under the domain of HOAs, which usually maintain common spaces and exteriors for these properties. Much of the time, the HOA outsources this work to a property management company, but some have people on-site to handle maintenance. Is

Do Apartments Ever Become Condos?

Do Apartments Ever Become Condos? Do apartments ever become condos? A condominium conversion is when an entire property held under sole ownership is changed into individually sold units as condominiums. (A change of use). Many of these properties were originally apartments and sometimes they were buildings such as factories or schools. What does it mean