Buying A Townhome | 2K |
Most townhomes are part of a Homeowners Association (HOA) or strata that manages shared amenities like pools, landscaping, and exterior maintenance (e.g., roof repairs). Pros and Cons of Buying a Townhome
A townhome is a multi-story unit that shares one or two side walls with adjacent properties but typically features its own private front and back entrance. Ownership Variants: Fee Simple: You own the structure and the land it sits on. buying a townhome
You own only the interior ("walls-in"), while the land and common areas are shared with other owners. Most townhomes are part of a Homeowners Association