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Compare Townhouses And Condos
Question: What is the difference between a "condo" and a "townhouse?"
Answer: 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 general ownership of common areas such as the pool. 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.
Written by Peter G. Miller.
© 1997 Peter G. Miller. All Rights Reserved. Rules, Disclaimers & Notices.
Copyright © 2012 Realty Times. All Rights Reserved.
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