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Definition of co-ownership
What is a co-ownership? A condominium (also called a “condo”) is a large building complex made up of individual units, and each unit is owned separately. Ownership generally includes a non-exclusive interest in certain “community properties” controlled by the management…
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An introduction to buying a condominium
When looking to buy a home, there are a lot of choices available. One of them is a condominium, a multiple unit property that is divided and sold in individual units. Compared to a single-family home, condominium ownership includes partial…
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Should you buy a condo, a townhouse or a house?
Home choices are plentiful, especially in urban settings, leaving many first-time homebuyers wondering what type of home to buy. Each housing style – condominium, townhouse and single-family home – has its advantages and disadvantages. Buyers should consider their lifestyle and…