This article is about Condominiums: Differences of Freehold and Regular and its various sizes, styles, and shapes. For more info, Call: 660-616-4997.

1. Title: Condominiums: Differences of Freehold and Regular
Article Summary:
Condominiums can be in various sizes, styles, and shapes. Condominiums can be free standing homes
that were broken into ownership units.
Article Body:
Condominiums: Differences of Freehold and Regular
Condominiums can be in various sizes, styles, and shapes. Condominiums can be free standing homes
that were broken into ownership units. Many people opt to choose condos over a house because it is
usually less expensive to own and buy. Condos are also good investments especially for those who are
unmarried. The term “condo” refers to a form of ownership and it has nothing to do with the physical
attributes of a unit though it may be synonymous to the term “apartment”. Condos are not limited to
apartment-style units. Condos can be in a form of a townhouse, a link home, or any type of residential
house or commercial space broken down into ownership units. Condos are the best choice for people
who have a busy life style due to the fact that they do not need to worry about yard work, snow
removal, or roofing repairs to be done and they are provided with high security so they do not need to
worry about their safety and the safety of their belongings.
Condominium ownership brings many advantages such as the potential or the probability to build
equity, title, and privacy with your own unit. Having a condo will save you from the worry of
maintenance with lest cost and effort on your part. Condominiums may be categorized into two;
freehold and regular. This article will focus on the differences and advantages of the two categories.
Regular condominiums
Regular condominiums are known by many people. These condominiums are the ones we see in cities
and buildings that is why almost everyone is familiar with it. These are units develop by a corporation
which is composed of several and many units. They come in large number with one lot. The owner of the
condo owns the unit but not the lot, they do not have any ownership or title to any buildings on the
land, the unit is the only thing they own, nothing more, nothing less. Condo owners find this more
preferable because they do not have to worry about property maintenance. Landscaping, repairs,
improvements and alterations, build-outs are done on your behalf provided that you pay the monthly
fee which will be utilized for the units and land maintenance needs. The cost of the monthly fee is
determined by the condo corporation which is composed of owners like you. Since the property is
maintained by a condo corporation, your unit, and your neighbors unit looks the same as the time goes
by that means property values do not decline based on repairs and deterioration.
Freehold Condominiums
Freehold condominiums offer more freedom in altering your property to meet your personal needs. The
owner of the freehold condo is responsible for its upkeep and maintenance providing him the power to

2. control and monitor maintenance costs. Freehold condominiums provide you title and ownership to the
unit and the land where the unit is built, contrary to regular condominiums where you only own the unit
not the land. Furthermore, this means that you do not only own your unit but also the buildings that are
built on the land, including the condo building itself. Additions and improvements can also be done at
the owner’s cost. Freehold condominiums give must more valuable investment since the price of the
land matters most in a real estate industry and land cost increases as time goes by. They also give you
the chance of customizing and modifying the exteriors of your house and you can also make
improvements on your lawns or landscapes. Though sometimes, the condo corporation may retain some
control over the things that a freehold owner can do, everything from repairs, alterations,
improvements down to maintenance are all at your own cost. It is not shared by all tenants as in regular
condominiums.
Because condos are manageable and easy to maintain, the community they create, and their relative
cost when nearness to amenities and services is considered, condominiums are found to be more
desirable and preferable. Condominiums, regardless if it is regular or freehold, can be considered as
good investments and can make you feel contented on your ‘must haves’ on a married life.