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Condominium: a form of ownership with individual apartments for everyone, and co-ownership (by percentages) of all of the common areas, such as corridors, hallways, stairways, lobbies, recreation rooms, porches, rooftops, and any outdoor areas of the grounds of the buildings. Townhouses and apartments which are owned in the condominium form of ...
First, you might decide to leave the duplex and move into a retirement community. If so, you could the sell property or start renting both units out for extra income. Either way, you should do OK ...
A CID's ownership benefits are having rights to an undivided interest in common areas and amenities that might prove to be too expensive to be solely owned. For example, an owner would like to have a pool but cannot afford one.
The units could be together or separate depending on the location of the duplex. A duplex will also have an option for a yard in order to keep their private space. This type of housing will allow for higher density housing compared to the single detached units. Duplex, and Triplex can account for 2-3 units, and have up to 3 floors.
Owning shares that correspond to one apartment in a housing company is generally considered as much owning your own home as actually directly owning a (single family) house. However, shares are not considered as real estate but as personal property and the co-op can take possession of the apartment for a term time and evict the tenant or owner ...
A duplex house plan has two living units attached to each other, either next to each other as townhouses, condominiums or one above the other like apartments. By contrast, a building comprising two attached units on two distinct properties is typically considered semi-detached or twin homes but is also called a duplex in parts of the ...
The costs associated with renting a home vs. owning one depend heavily on where you live and the local housing market. Bankrate’s rent vs. buy calculator can help you break down many of these ...
Community development planning consists of a public participatory and usually interactive form of town or neighborhood planning and design in which diverse community members (often termed “stakeholders”) contribute toward formulation of the goals, objectives, planning, fund/resource identification and direction, planned project implementations and reevaluation of documented local planning ...