This landlord has no say in the functioning of the larger building or even the plot of land in which his/her property is built upon. A condominium is inside a residential building or community but the unit is privately managed by the individual or landlord of the property. In the case of a condo, the ownership is slightly different. For example, in the case of an apartment, a single family purchases not just the unit but they also have a right of ownership on the land on which the structure is built. So how is it different from a regular property? Much of the difference springs up due to the kind of ownership. What are the other names of condominiums?Ī large property, divided into single units for the purpose of sale, is a condominium.Are condominiums the same as apartments?.How to choose between condominiums and apartments?.Factors to consider when buying a condominium.Rules to let out a condominium in India. Condominiums in India and mode of ownership, operation.Why should a condo owner pay the property manager?.Difference between condominiums and apartments.Difference between condo, house, townhouse and apartment.
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