‘Townhouse or Condo’ Guessing Game
July 21, 2010 by Rebecca
We throw around the terms “townhouse” and “condo” pretty regularly, but when it comes down to it, do we really know the technical definition of each?
To save us all future cocktail party embarrassment, I’ll clear this up once and for all.
- A Townhouse (or Townhome) is a style of architecture, usually defined as having multiple floors, often with shared walls between units.
- A Condo (or Condominium) is a form of ownership, usually meaning owners have ownership rights from the “paint, in” and all other space is commonly owned.
You can have a condo that’s not a townhouse. You can have a townhouse that’s not a condo. Or you can have a townhouse-style condo.
Make sense? More discussion on the matter here.
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