A condo or townhouse Homeowners' Association (HOA) governs a group of condos, wherein the association is responsible for the maintenance of the outside of the building(s), landscaping, and utilities, in addition to maintaining common areas and enforcement of the CC&Rs. This is because the properties being governed are condos and not houses. A planned unit development (PUD) HOA is responsible for ensuring compliance with the CC&Rs of the PUD and upkeep of any common areas in the PUD. However, individual owners maintain their homes and land, as each lot in the PUD is individually owned.
A condominium unit is a single unit in a condominium project, whether residential or commercial. A condominium phase is a development period, during which a developer builds, finishes and/or sells a set or collection of condominium units.
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.
A civic association gathers and operates around a civic principle. A homeowners association is a land-use covenant made with the local municipality, county and state that gathers and operates real estate around a set of covenants, conditions, restrictions and reservations. Generally, membership in a civic association is optional; membership in a homeowners association is mandatory when a person purchases property within the boundaries of the association's land plat.
Attached condominiums are attached to something: a garage or another condominium. A detached condominium is not attached to anything.
A condominium is a living or working space (unit). A planned unit development may include a mix of commercial and residential spaces, and free-standing commercial areas, such as petrol stations and a shopping mall.
A sanitorium (or sanitarium) is a medical facility for long-term illness. A condominium is a form of real estate ownership.
With a condominium, you own only the structure itself. With a townhome, you also own the yard surrounding your building.
Generally, a condominium is a collection of multi-family units and an HOA consists of single-family units. However, this generalization is not always exact. Both are ownership styles of real estate, where owners own individual units and own common areas in common with all other owners.
a villa is ground level. it comes from spanish/mexican for dwelling. a condominium can be on ground level, but is always in a high rise building
Regardless of your location, a villa is a style of residence: condominium is a form of real estate ownership without a definition of the residence style.
Always, you can own a condominium. And some condominiums are called apartments. You cannot always own an apartment. When you cannot own an apartment, it is not a condominium.
The official difference is in ownership: an apartment is owned by a landlord who may also own other apartments in the same complex; a condominium is owned by a single owner and that ownership includes a percentage ownership in the community's common areas. A condominium may be in the style of an apartment, especially, in urban high-rise buildings.