Who owns the shared wall of a townhouse?

Answer Check your Homeowner Association by laws or any Declaration of Covenants, Conditions and Restrictions. This should describe what the Association is responsible and what the unit owner is responsibl... Read More »

Top Q&A For: Who owns the shared wall of a townhouse

Does a townhouse own the land beneath it whereas a condominium owners own only the unit plus a part of shared common grounds and amenities?

Read the appropriate descriptions of the real estate you want to buy. Usually, when buying a condominium, you purchase a unit, plus an interest in real estate assets that the association owns in c... Read More »

Doesn't townhouse ownership include the land beneath it versus a condominium where owners own only the air within the unit plus a part of shared common grounds and amenities?

When you buy real estate, you are entitled to understand exactly what is included in your ownership. For a condominium, you can read the governing documents that detail the boundary between what is... Read More »

How to Buy a Townhouse?

Home ownership is the quintessence of the American dream, the largest investment most people ever make. If you are a first-time home buyer, there are a few things you will want to know before you s... Read More »

How to Lease to Own a Townhouse?

A lease to own arrangement allows you to stay in a home for a period of time then purchase it later if you wish. Townhouses are common properties for individuals who enter into rent to own agreemen... Read More »