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Do You Own The Land In A Condo, , , , , , , 0, Bare Land Condos vs. Conventional Condos | Arc Surveys, www.arcsurveys.ca, 0 x 0, jpg, If you are buying (or already own) a condominium unit, you probably know that you won't end up with a parcel of land that's all yours, as you would when buying a. In a townhouse, you own the land of your unit. In a condo you own everything from your walls in, and a fraction of your condo building. If building has 10 units, very likely you own 1/10 of. , 12, do-you-own-the-land-in-a-condo, Vacation Destinations If you are buying (or already own) a condominium unit, you probably know that you won't end up with a parcel of land that's all yours, as you would when buying a. In a townhouse, you own the land of your unit. In a condo you own everything from your walls in, and a fraction of your condo building. If building has 10 units, very likely you own 1/10 of.
A Condo is Just Like Home Ownership. This is a tough one. When you buy a unit in a condominium, you do become a homeowner and gain access to most of the rights.
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The entire building is owned by an individual or a property management company, but condo unit owners do not hold the title to the land on which the structure sits.