Vista Bay Apartment: Difference Between Condo and Apartment

17th March 2009
What is the different between Apartment and Condominium?
If you were to look around for explanation online, which what I did actually, you will find out a lot of strange and funny answers. I used to believe that apartment is some sort like a medium priced apartment and condominium is higher price apartment and low price one, well, we call it flat but then again, i notice that some apartment selling price is well over condominium value already and so, should we upgrade that apartment into condominium status or should be just leave it as it is? I'm confuse. Anyway, below are some of the answers I got from the internet aka the World.

1) Condo - A condominium is a relatively new form of property ownership created by statute which allows persons to buy and sell apartments within a building
Apartment - A residential cooperative is usually an apartment building that is owned by a corporation. The shareholders or members of the corporation are entitled to lease one of the apartments

2) Condo - Is an apartment that you own.
Apartment - Is an apartment that you rent out.

3) Condo - A condominium carries an individual deed of trust for each unit.
Apartment - Apartment building carries a single deed of trust that encompasses the properties as a whole.
**Don't ask me what this means coz i dont' have a clue to it also

4) Condo - A classy apartment, more facilities like swimming pool, gym etc.
Apartment - High rises without corridors like the flats. it usually have larger units and better facilities than flats

Well, all the explanation i got from the net can be sum up to the one mentioned above but then again, don't know why i'm still confuse. If they said condo has more facilities, i seen a lot of apartment also have tons of facilities. Then how?

If you guys have any good explanation on this, please do tell by putting your comment below.

For now, i think we should all stick with my only explanation: The difference between a condominium and apartment is..............is....... just the spelling...ke ke ke

Welcome Note

This blog has been created for Potential Buyer as well as Owner to get to know more about this condominium before either buying or making yourself feeling at home.

Before buying, i do make my own homework regarding this place and i would like to share it with you guys and i might get something out from this discussion as well.

Do put your comment on the blog which can be seen under each post and bear in mind, all comments will be filtered first before being published in the blog.

If you guys have any pictures or anything that you want to send to me personally, you can do so by sending it to my email at michaelfg81@gmail.com. For pictures you sent, i will post them for you here. Thanx

About Blogger

My name is Michael and I was the one who created this blog.

The reason behind this was to create a medium as well as opportunity for Owners or potential buyers to intereact with each other to either gather informations or to share it.

Although i'm one of the owner of this Condo, whatever information I may post inside this blog, by default, does not represent the developers themselves except for the statement that i might mention otherwise.

All this information are self-gathered and therefore, might be inaccurate as well as confusing but if that does happen, please high-light it to me so that i can make changes to it. Whatever written here is my view and my opinion only unless stated.

Difference Between Condo and Apartment

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