0
In larger cities, a townhouse is usually owned, but in suburbs or smaller cities they are often rented, either with a lease, tenant-at-will agreements, or for short-term sublets. Even if you are renting, you are still subject to rules by any condo board association.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
How is townhouse ownership different from a condo?
A condominium is always a form of real estate ownership, regardless of the style of the home.A townhouse is a style of home and can be owned outright, rented or owned as a condominium.In some places, the term 'townhouse' and 'condominium' are used interchangeably, but the two do not not always mean the same thing.
Is a townhouse one level?
Not usually
What was a Lord's job?
Lords rented out land or property to other people. They owned the property and usually had more than one tenant on it at a time.
What is the difference between a duplex and a townhouse?
DuplexA duplex is a single structure which is owned in fee with two units that share a common wall. It can be owner occupied with multiple owners dwelling in the two units, one unit rented to tenants or both units can be rented.TownhouseThe ownership of a townhouse is a fee simple estate. Generally, a townhouse is one of a row of attached dwellings that share common walls. The term 'town home' is used in some regions. A townhouse is an individually owned attached building and the owner owns the land underneath. There are lot lines that separate the ground under the buildings even though the buildings are attached. The lots at the ends of those buildings generally contain more land. The exteriors of the buildings are owned by the townhouse owners. There may or may not be common areas set up by the developer.To confuse the average person who is not experienced with property law, some condominiums are called townhouses. In that case the term refers to the style of the condominium buildings.
Are all the apartment and townhouse rentals in Cleveland, Ohio, owned by Property Management Companies or are there privately owned rentals for leasing?
do not know. but i think there must has privately owned rentals for leasing.
Is the attached garage of a townhouse common property of a condominium?
Depending on what's written in your governing documents, an attached garage may be a limited common element, that is owned in common, but available to not all owners, owned outright by the unit owner or a common element. Read your governing documents to determine how your attached garage is owned. There is no standard.
I lied to a real estate that i have not rented can they find out?
they can't find out if you rented or not, but they can find out if you told them you have not rented because you own. They can just check the public records tax rolls and see if you really owned or not.
What term is defined as the person in whose name a home is owned or rented?
house holder............. a+
Who owned the house that Thomas Jefferson rented while he wrote the Declaration of independence?
Jacob Graff
Are there any townhouse rentals available in the dallas area?
There are many townhouse rentals available in the Dallas Texas area. Grand Reserve Townhouses is one establishment that is well respected and usually has openings.
How many privately owned aircraft in the us?
About 250,000 aircraft not counting commercial, military or government owned. It is difficult to separate those rented or leased back.
What the similar of condominium with townhouses?
The definition of a townhome is that it is a multistory dwelling that is attached to the adjacent properties. Apartments are frequently single story (although they do have townhouse apartments), and houses are typically not attached to their neighbors.
