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  2. Condo vs. Apartment: Which Should You Buy? - AOL

    www.aol.com/condo-vs-apartment-buy-111913665.html

    Buying a condominium means buying an individual unit in a property with public areas owned and managed by a homeowner's association. Buying an apartment usually means buying a share of ownership ...

  3. Condominium - Wikipedia

    en.wikipedia.org/wiki/Condominium

    Condominium is an invented Latin word formed by adding the prefix con-'together' to the word dominium 'dominion, ownership'. Its meaning is, therefore, 'joint dominion' or 'co-ownership'. [3] Condominia (the Latin plural of condominium) originally referred to territories over which two or more sovereign powers shared joint sovereignty. This ...

  4. Common-interest development - Wikipedia

    en.wikipedia.org/wiki/Common-interest_development

    For example, an owner would like to have a pool but cannot afford one. When buying a condominium with a pool in a CID of one hundred units, an owner would have use of that pool for basically one-hundredth of the cost due to sharing the cost with the other 99 owners. [5] Timeshare, or vacation ownership, is the same concept. Buying a second home ...

  5. Owner-occupancy - Wikipedia

    en.wikipedia.org/wiki/Owner-occupancy

    The home can be a house, such as a single-family house, an apartment, condominium, or a housing cooperative. In addition to providing housing , owner-occupancy also functions as a real estate investment .

  6. The 4 Pros and 4 Cons of Buying a Condo Instead of a House - AOL

    www.aol.com/finance/4-pros-4-cons-buying...

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  7. Are high prices keeping you from achieving homeownership ...

    www.aol.com/finance/pro-tips-buy-condo-2024...

    — Mark Hamrick, Bankrate Senior Economic Analyst “The transition from renting an apartment to buying a condo can be much less dramatic than going from an apartment to a single-family home ...

  8. Apartment - Wikipedia

    en.wikipedia.org/wiki/Apartment

    A lower-rise apartment building on the left side of the Avenue of the Americas in Manhattan, juxtaposed next to a skyscraper apartment building. An apartment (American English, Canadian English), flat (British English, Indian English, South African English) [a], or unit (Australian English) is a self-contained housing unit (a type of residential real estate) that occupies part of a building ...

  9. Condo vs. House: Which Is the Best Investment in Your City? - AOL

    www.aol.com/condo-vs-house-best-investment...

    A condo also offers the potential for rental income, which can be an excellent way to earn passive income. However, the condo market in Seattle can be volatile, with fluctuations in demand and ...

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