Now what's a condo?

Question

Now what's a condo? Isn't that some type of apartment too?

Usenet · Accepted Answer

[nq:1]Now what's a condo? Isn't that some type of apartment too?[/nq]
A 'condo' is a 'condominium'.
QUOTE www.dictionary.com (from www.onelook.com)
A building or complex in which units of property, such as apartments, are owned by individuals and common parts of the property, such as the grounds and building structure, are owned jointly by the unit owners.

UNQUOTE
Sebastiano

Aisle bee ware yew wont mi two b;
Isle b yore ayes;
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Usenet · Answer

[nq:1]Now what's a condo? Isn't that some type of apartment too?[/nq]
Short for "condominium". It describes a type of ownership in which you own your dwelling unit outright, but you own a share of the common facilities. Condo properties are generally managed by an association, which is supported by dues paid by the owners.
To a prospective tenant, "condo" has no useful meaning, because the form of ownership will matter little to you. It's just another way of saying "apartment".

Chris Green

Usenet · Answer

[nq:1]Now what's a condo? Isn't that some type of apartment too?[/nq]
Oh no no no no I've been through this movie before.

Yes, it some kind of Yank sectional title thing.

Steve Hayes from Tshwane, South Africa
http://www.geocities.com/Athens/7734/stevesig.htm
E-mail - see web page, or parse: shayes at dunelm full stop org full stop uk

Usenet · Answer

[nq:2]Now what's a condo? Isn't that some type of apartment too?[/nq]
[nq:1]Oh no no no no I've been through this movie before. Yes, it some kind of Yank sectional title thing.[/nq]
What's sectional title?

Usenet · Answer

[nq:2]Oh no no no no I've been through this movie before. Yes, it some kind of Yank sectional title thing.[/nq]
[nq:1]What's sectional title?[/nq]
Individual ownership of sections of a single structure, perhaps?

Bob Lieblich
Did anyone bring up "efficiency apartment" in the "studio" thread?

Usenet · Answer

[nq:1]jay wrote[/nq]
[nq:2]Now what's a condo? Isn't that some type of apartment too?[/nq]
[nq:1]Short for "condominium". It describes a type of ownership in which you own your dwelling unit outright, but you own ... no useful meaning, because the form of ownership will matter little to you. It's just another way of saying "apartment".[/nq]
I'd say that even to a renter it probably means something different. Assuming that the condo in question is individually owned, it means that you will need to deal with the owner for things within the unit and with the association (or with the association, mediated by the owner) for issues with the common area.
Of course, what a "condo" listing probably means is "for sale", rather than "for rent".

Evan Kirshenbaum + HP Laboratories >If we have to re-invent the wheel,
1501 Page Mill Road, 1U, MS 1141 >can we at least make it round thisPalo Alto, CA 94304 >time?
(650)857-7572
http://www.kirshenbaum.net/

Usenet · Answer

[nq:2]Now what's a condo? Isn't that some type of apartment too?[/nq]
[nq:1]A 'condo' is a 'condominium'. QUOTE www.dictionary.com (from www.onelook.com) A building or complex in which units of property, such as ... common parts of the property, such as the grounds and building structure, are owned jointly by the unit owners. UNQUOTE[/nq]
We have a similar concept in Britain, where individuals own flats in a block of flats and share the cost of the common facilities. However, the flats are usually 'owned' via a lease (often 999 years in newly-built blocks), while a management company owns the freehold and provides the common facilities, for which the tenants pay a service charge. We don't use the word 'condominium', and I don't think we have a special word to describe this form of ownership.

wrmst rgrds
Robin Bignall
Quiet part of Hertfordshire
England
http://homepage.ntlworld.com/docrobin/homepage.htm

Usenet · Answer

[nq:1]We have a similar concept in Britain, where individuals own flats in a block of flats and share the cost ... don't use the word 'condominium', and I don't think we have a special word to describe this form of ownership.[/nq]
I think this is often true of AmE condominiums too. Also, often the condo complex itself is a long-term leasehold rather than a freehold. BWDIKIANADL.

Usenet · Answer

[nq:2]A 'condo' is a 'condominium'. QUOTE www.dictionary.com (from www.onelook.com) A ... building structure, are owned jointly by the unit owners. UNQUOTE[/nq]
[nq:1]We have a similar concept in Britain, where individuals own flats in a block of flats and share the cost ... don't use the word 'condominium', and I don't think we have a special word to describe this form of ownership.[/nq]
That is the traditional way of doing it, but in recent years a new legal arrangement called "commonhold" has been introduced, which allows the occupiers to be freeholders (solely, for their own flats, and in common, for the common parts). How well this has caught on, I don't know.

Don Aitken
Mail to the addresses given in the headers is no longer being read. To mail me, substitute "clara.co.uk" for "freeuk.com".

Usenet · Answer

[nq:2]jay wrote Short for "condominium". It describes a type ... little to you. It's just another way of saying "apartment".[/nq]
[nq:1]I'd say that even to a renter it probably means something different. Assuming that the condo in question is individually ... the unit and with the association (or with the association, mediated by the owner) for issues with the common area.[/nq]
If that is true, then a condominium is somewhat different to Australian strata title. The place I now own certainly operates under the rules mentioned above, but when I rented the same place, earlier on, I had no say whatsoever about the common areas. All contact was, not even through the owner, but through the estate agents who managed the rental on the owner's behalf.

Rob Bannister

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