Tag: rentals

Real Estate Industry Overview, Types of Real Estate, Careers The boundaries of the apartment are generally defined by a perimeter of locked or lockable doors. Condominium – A building or complex, similar to apartments, owned by individuals. Common grounds and common areas within the complex are owned and shared jointly. In North America, there are townhouse or rowhouse style condominiums as well. Major categoriesAttached / multi-unit dwellingsApartment or Flat – An individual unit in a multi-unit building. Terraced house (a.k.a. townhouse or rowhouse) – A number of single or multi-unit buildings in a continuous row with shared walls and no…