With a condo you own the real estate. With a co-op you own shares in a corporation and the right to live there.
Summerbride04
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Member since
Re: Co-op vs. condo
Do you have to pay maintenence fees w/ a condo?
DjPiLL
Posted:
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Re: Co-op vs. condo
Posted by Summerbride04
Do you have to pay maintenence fees w/ a condo?
Yes you do. Usually to upkeep the grounds.. maybe pay for security if its gated... If you are considered village... you maintenance also goes towards future projects like street/sidewalk repairs, etc.