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Logically, a 'legal advantage' usually implies that some 'illegal' concern drives the decision about which to buy.
There's probably no 'legal' advantage of owning either; but there may be tax advantages.
Since you've added 'Forests' as a category to this question, one might assume that you want to harvest trees from property you own.
Cutting trees down or growing them is legal anywhere on the property you own upon which your home sits.
In a condominium community, you request permission from the board to cut trees down and may be required to request permission to plant them.
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∙ 14y ago
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Advantages and disadvantages of oxfam ownership?
The advantages are the tax benefits and owning something. The disadvantage is that you have to keep up with all of the legal issues.
What are advantages of owning a condominium unit?
Your real estate is part of an association with a legal obligation for the board to 'protect, preserve and maintain' the collective asset. Your assessments pay for 'someone else' to handle repairs to common areas, so you are relieved of many of the maintenance issues that face single-home owners. Often, a community of neighbors can be built, because you are all co-investors.
Legal age for owning a rifle?
18
Legal age for owning a car?
8
What is the legal difference between a hotel and a condominium resort?
Legally, a hotel is owned by a single owner and the property managed for the benefit of both the owner and guests. Each condominium unit is owned individually, and its association manages the business of the condominium.
What is a master condominium?
Master deed or master plan are terms often used in major land development projects. The developer then is free to subjegate separate condominium, HOA and other legal entities under the master deed. Definitions may vary depending on the legal documents you reference when you use the term 'master condominium'.
What country is owning guns legal?
USA is one.
Is owning a radar gun legal?
i had a look and they are illegal
What is the legal age for owning a pet?
any age
What are the laws of owning a rubber band gun in Australia?
there legal
Can you own a fox in Louisiana?
Owning a fox in Louisiana is legal.
Does FHA consider a condo a single family home?
No, FHA considers a condominium a condominium, and a single family home a single family home. The styles of legal ownership and title are different.
