Welcome to Condos by Zip! We are building a network listing of condominiums for sale and for rent/lease across the country. A condominium - condo - is a form of ownership of property - usually a multi-unit dwelling - where portions of the property - such as hallways, entryways, etc are owned jointly - but the residential units are individually owned.
Condominiums - condos - are not a style or type of unit. It is a form of ownership. A condominium - condo - maybe a townhouse style, a single floor apartment, a villa, etc. The owner does build equity as one would in a single family home. There is always a condominium owners' association that assesses and collects a fee from the owners to pay for common ground maintenance, improvements and common property insurance.
|
