CONDO, TOWNHOUSE, PLANNED UNIT DEVELOPMENT – WHAT’S THE DIFFERENCE?

Durango Condominium

The common characteristic shared by condominiums, townhomes, and planned unit developments is that the ownership of the home also involves the undivided ownership with other owners in the community of common areas. Examples of common areas are community roads, parking lots, community centers, fitness facilities, and/or swimming pools. The common areas ownership in a condominium community are … Continue reading...