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Condo vs apartment – Which One to Go With

Dec 10, 2018

The area of renting has seen a huge evolution in the past few years. It needs to be considered that the living conditions of an individual as grown to a great extent in the past few years and so does the needs and expectations. There are many changes that have been made as to what you expect with regard to amenities in a rented area. There are plenty of options available for an individual these days and it is all about making the right choice that is suitable to an individual. As there are more options available these days, people are quite confused as to which one they need to go with and hence go onto make a hasty decision.

Condo vs apartment

One of the prime problems that many people face is with regard to making a decision with regard to condo vs apartment. It needs to be understood that there is not much a difference between the two and the only difference is the kind of ownership that it is known to have. Apartments are usually owned by corporate companies and the owners may not stay there necessarily whereas condo is owned by an individual person. In case of condo, the owner may stay in the building itself. Many people are quite apprehensive about owners of a building and would want to keep a distance to have a smooth process.

Size and maintenance

When it comes to size, both apartments as well as condos can be the same but the only difference that may arise is with regard to the process of maintenance that is involved in it. It is a well known fact that apartments are maintained by corporate companies who employ the best of experts in the specific area of repair when the need arises but this may not be the case with that of condos. The owner may or may not be willing to do the maintenance work and repair work. Any issue or problem would be taken to home owners association. If the owner is good then he may proceed on to make the repair.

Facilities provided

It needs to be understood that an apartment provides for a whole lot of facilities. Since it is run by corporate companies, everything would be in order and all the process of cleaning, maintenance would be done with perfection. Condos may have all the facilities and amenities as well but the owner may charge extra for maintenance.

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