Condos generally are grouped into an apartment style setting with common areas shared by all of the other residents. The usually don’t have ownership of say the courtyard or even the entrances into the buildings. Now days some of the lines are blurred when it comes to back yards etc. Some condos now offer these amenities also. The owner is usually taxed for the living area and maybe a portion of common areas.
Townhomes are generally homes that share a common wall. Most of the time they have a small yard or outside area to have grass plants etc. The ownership is to a property line. Town houses are taxed including the living area and yard. These owners usually have an association that the buyers pay into for common areas and maintenance. Maintenance of the house and yard are generally the responsibility of the individual owners.
In the hurry up lives of many home owners they choose to buy a condo or townhome because the Saturday and Sunday chores are usually not the same as a single family unit.
Photo of the Day - Fall Color as taken by me!
No comments:
Post a Comment