What is the difference between an apartment and a condo?
A condominium, more commonly known as a "condo,” is a privately owned residential property but may be rented out to tenants. Unlike apartments that are leased via an agency or landlord on-site, renting condominiums involves a one-on-one process between the owner of the condo and the prospective tenant. As such, it allows for personalized decision-making about who can rent their unit while also granting flexibility regarding rental agreement conditions.

Who is responsible for maintenance?
In a condo, maintenance within the units is the responsibility of each owner. The common areas of the condominium complex are the responsibility of the condo association. The expense of maintaining the common areas and other costs are paid for by the unit owners via a monthly fee.

How do I purchase a unit?
Just like any other property purchase, search on websites like Realtor.com or Zillow.com to see if any units are for sale.