Litchfield Connecticut Condominium
Buying A Litchfield Connecticut Condominium? Call The Buyer Broker, Steve Schappert at Buyers Trust Real Estate & Investment. 203-994-3950
When Kiplinger’s Financial, Woman’s Day Magazine, The New York Times & The BBC wanted to learn more about buying real estate, they called Steve Schappert and you should too! Call 203-994-3950 to schedule a free buyer consultation or interview today.
Below is a list of all the Litchfield Connecticut Homes actively available on the MLS.
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a building or complex of buildings containing a number of individually owned apartments or houses.2.the joint control of a country’s or territory’s affairs by other countries.
Residential condominiums are frequently constructed as apartment buildings, but there had been an increase in the number of “detached condominiums” which look exactly like single-family homes but in which the yards, building exteriors, and streets are jointly owned and jointly maintained by a community association.
Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, such as hallways, walkways, laundry rooms, etc.; as well as common utilities and amenities, such as the HVAC system, elevators, and so on. Many shopping malls are industrial condominia in which the individual retail and office spaces are owned by the businesses that occupy them while the common areas of the mall are collectively owned by all the business entities that own the individual spaces.