Apartment vs. Condo: What’s the Difference?

Apartment vs. Condo: What’s the Difference?

Apartment vs. Condo
Talking about apartment and condo, a doubt often arises as to what is the difference between the two. The answer would be that there is no difference if you look into the physical attributes of both of them. The first difference that can be pointed out can be in terms of the ownership as when it comes to apartments, they are housing modules which are present in a complex and owned by a single body. But condo units are all owned by different individuals and are generally managed by the HOA and some property management company also provides assistance. Cost There is no major difference in amounts which are required to rent an apartment or a condo. Condos are known to have some expensive appliances pre-loaded into them because whoever…
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