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  2. Housing tenure - Wikipedia

    en.wikipedia.org/wiki/Housing_tenure

    Housing tenure is a financial arrangement and ownership structure under which someone has the right to live in a house or apartment. The most frequent forms are tenancy, in which rent is paid by the occupant to a landlord, and owner-occupancy, where the occupant owns their own home. Mixed forms of tenure are also possible.

  3. Condominium - Wikipedia

    en.wikipedia.org/wiki/Condominium

    Initially, the concept of a condominium was introduced by the Federal Law "On the Fundamentals of the Federal Housing Policy" No. 4218-1 dated December 24, 1992: "Condominium is an association of owners of residential premises in apartment buildings with the establishment of conditions for joint ownership and use of inter-apartment stairs ...

  4. Multifamily residential - Wikipedia

    en.wikipedia.org/wiki/Multifamily_residential

    An apartment building can be owned by one party and each of the apartments rented to tenants or each of the apartments can be owned as a condominium by separate parties. Mixed-use building – a building with space for both commercial, business, or office use, and space for residential use.

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

    www.aol.com/news/condo-vs-apartment-buy...

    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 ...

  6. 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 ...

  7. Renting - Wikipedia

    en.wikipedia.org/wiki/Renting

    Notice of renting availability of a building in Kaohsiung, Taiwan Notice of renting availability at the Villa Freischütz in Meran in 1911. Renting, also known as hiring [1] or letting, [2] is an agreement where a payment is made for the use of a good, service or property owned by another over a fixed period of time.

  8. List of condominiums in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_condominiums_in...

    A condominium or "condo" is a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned. Use of land access to common facilities in the piece such as hallways, heating system, elevators, and exterior areas are executed under legal rights associated with ...

  9. Owner-occupancy - Wikipedia

    en.wikipedia.org/wiki/Owner-occupancy

    Some home owners see their purchase as an investment and intend to sell or to rent the property after renovating or letting the house appreciate in value (known as flipping if done quickly). Due to the fact that homeowners have a financial stake in their homes, being a homeowner is an economically efficient course of action.