Are you trying to decide between buying a condo or a house? There are many great reasons to invest in condos for sale. They usually have less exterior maintenance and include access to an array of shared amenities within the community. Pools, spas, fitness centres, sporting courts, and clubhouses are common shared-used spaces amid condo neighbourhoods.
These low-maintenance perks and communal amenities are made available by the condo ownership rights that dictate the differences between the homeowner's property and the condo association's property. So what do you actually own when you buy a condo? This article provides an easy-to-follow framework for distinguishing your rights and responsibilities as a condo owner.