A condominium feed is a maintenance fee charged by a condominium association to cover the cost of repairs, landscaping or amenities such as a gym or pool. more Reserve Fund
What is a Condominium? (with pictures) – wisegeek.com – A condominium is a form of home ownership in which individual units of a larger complex are sold, not rented. These units may be renovated apartments, townhouses or even commercial warehouses. Any multi-unit structure can ‘go condominium’, meaning occupants must either vacate the premises or purchase their apartments outright.
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How much for a two-bedroom in East Boston’s Eagle Hill? – The skinny: This first-floor unit includes keyless entry and a relatively low condo fee of 0. jamaicaway incorporated the former goddard house nursing home into its construction.
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What is the difference between an apartment and a condominium? – As Bruce noted, an "apartment" is a description of a physical thing, like a house or a factory or an igloo. A "condominium", however, is a legally defined term for a type of ownership structure. In the old days, ownership of a residential dwelling was simple: there was a house, it.
Condominium – Wikipedia – Overview. What defines a condominium is the form of ownership. A building developed as a condominium (and sold in individual units to different owners) could actually be built at another location as an apartment building (the developers would retain ownership and rent individual units to different tenants ).
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What Is a Condo? No, It's Not Just a Fancy Apartment. – A condo (short for "condominium") is a private residence owned by an individual or family in a building or community with multiple units. Although condos are usually part of a larger building.
Condo vs. Co-Op: What’s the Difference? – Condo vs. Co-op. Co-ops are considered a single property, with a single property tax assessment that is split among the owners and usually included in the maintenance fee. Property taxes are typically lower on co-ops than on condos.
Condo Vs. House: How to Choose the Right Home for You. – Condos are usually more affordable than a house, even with the housing market in flux. Give this point considerable thought. The last thing you want is to overextend financially.
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Condominium | Definition of Condominium by Merriam-Webster – Condominium definition is – joint dominion; especially : joint sovereignty by two or more nations. How to use condominium in a sentence.. (such as a town house complex) also: a unit so owned. b: a building containing condominiums. Examples of condominium in a Sentence. Recent Examples on the Web.
A condo (short for "condominium") is a private residential unit within a multiunit building, project, or community. While the residences are usually apartment-like-they share walls-they can also be semidetached, like townhouses, or even fully detached, too.