What is the difference between a townhome a condominium and a duplex?

Answer All are living spaces. A condominium -- of whatever style -- is owned by the unit owner.A duplex or a town home could be building styles. Each could be rented or owned.

Top Q&A For: What is the difference between a townhome a con...

What is the difference between a duplex and a condominium?

By definition, a duplex implies two. Commonly, a duplex is a pair of homes joined by at least one wall. A condominium is a unit that is owned by a single owner, who also owns a share of the common... Read More »

What is the difference between a condominium a townhouse and a duplex?

Townhouse Generally, a townhouse is one of a row of attached dwellings that share common walls. The term 'town home' is used in some regions. Each 'townhouse' owns the land beneath it and there may... Read More »

Is it legal to change a home from a condominium to a townhome after you have already closed on it?

A condominium is a form of real estate ownership that includes ownership of a unit, plus communal ownership of other real estate assets.A townhome can be a style of home.If you purchased a townhome... Read More »

Is the space between the two floors of a duplex condominium common area?

Read your governing documents to determine the line where your ownership stops and where the ownership by common area or limited common area, the association's ownership begins.Usually, individual ... Read More »