Condo, Apartment, Co-Op, Flat, or Townhome?
Called “common-interest housing” condos, co-ops, flats, townhomes, and apartments have different meanings to different buyers and even have different colloquial meanings than the official real estate industry meanings. Below you'll find a breakdown of the differences between these housing types along with the advantages and disadvantages of each. What is “Common Interest Housing”? Before going too deep, it...