2006-11-01 12:12:46 · 4 answers · asked by Anonymous in Home & Garden ➔ Other - Home & Garden
town homes-you are own two story home in complex, condos-you are own one story of a building like studio or one bedroom +one bathroom+living + dining or bigger , apartments is just rent like studio or one bedroom or bigger in building.
2006-11-01 13:04:24 · answer #1 · answered by Freesia 5 · 0⤊ 0⤋
Town homes and condos are basically the same; just depends upon the local customs depending upon which word is used. They are usually owned by individuals.
Apartments are almost always rented or leased, not owned by individuals, but owned by a signle landlord.
2006-11-01 12:17:01 · answer #2 · answered by Sugar Pie 7 · 0⤊ 0⤋
the version is the possession. In a condominium, the resident somewhat owns the unit, subject to the covenants, condominium rules, and so on. In an place of abode, the resident is merely a tenant & a lessee. He will pay hire to the lessor/landlord, & hire paid would not accrue to possession.
2016-12-28 09:54:38 · answer #3 · answered by ? 3 · 0⤊ 0⤋
townhomes and condos you own and make money on, apts; if you rent you are throwing your money to a person to make money. If you own an apt and rent it out you will make lots of money
2006-11-01 12:17:32 · answer #4 · answered by mr.dj 3 · 0⤊ 0⤋