condominium vs apartment: Difference between Condominiums and Apartments in Denver, CO
- 06/10/19 08:31 PM
What is the Difference?Ownership of Property
Ownership is one of the key differences when it comes to condominiums and apartments. Individual condos may be purchased similar to how you would buy a single-family home or a townhouse. This provides excellent investment opportunities for people who are considering purchasing a unit. Apartments, on the other hand, are generally owned by one entity, usually a corporation. These residences are then rented out to individuals who will pay a monthly fee. If you are planning to live long-term in an area, or build equity, you will want to go for a condominium as it has … (2 comments)
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What is the Difference?Ownership of Property
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