The Difference Between Condos And Apartments In Marietta, Georgia
At first glance, condos and apartments in Marietta, Georgia may seem like practically the same thing. Although they do have some similarities, there are actually quite a few differences between these two types of housing.
Single Family Home
Pretty much the only thing that they have in common is the fact that each unit usually shares walls with other units rather than being detached from one another like a single-family home. That is just about where the similarities end, however.
Purchasing The Unit
When you buy a condo, on the other hand, you are actually purchasing the unit. You become the registered owner of the condo. That means that you can make any changes that you see fit to the inside of the space since it is your property.
In terms of maintenance, you are generally responsible for maintaining the inside of your condo on your own. With an apartment, on the other hand, your landlord will usually deal with any repairs or maintenance issues for you.
For repairs on the outside of a condo, however, things are a little bit different. With a condo, you pay condo association fees that cover the cost of exterior maintenance on the building. These fees can be used to pay for any outside repairs.
Interior Of Your Apartment
When you rent an apartment, the apartment itself is still owned by your landlord. You are just paying to stay there. They are still the registered owner of the property, however. That means that they have the final say in what you can and can’t do to the interior of your apartment. They can also evict you if you fail to live up to the terms of your lease.
Condos And Apartments In Marietta
There are some key differences between condos and apartments in Marietta, Georgia. With an apartment, the entire complex is owned by a single entity and each apartment unit is rented out to a different tenant. You don’t actually own a stake in the property.
With a condo, on the other hand, you purchase your own individual unit. Because you own the property, you can make interior renovations and can make changes to the condo like you would any other type of home. Although you are still responsible for paying dues to a condo association, each individual unit in the building is owned by a different person. Hopefully, this gives you a clearer understanding of the differences between these two types of housing.