Blog by Corina Marin

CO-OWNERSHIP VERSUS CONDOMINUMS

September 4th, 2010
CO-OWNERSHIP VERSUS CONDOMINUMS

By Martin K. I. Rumack

Condominiums and Co-ownerships are legal structures that define both the exclusive rights and the shared rights of individuals who purchase a unit/percentage interest in buildings created as one of these types of legal entity.

IMPORTANT FEATURES OF CONDOMINIUMS AND CO-OWNERSHIPS FOR THE PURCHASER

CO-OWNERSHIP

Purchaser acquires ownership of a ...