You NEVER own a condo. The condo purchaser only owns from interior wall paint or wall paper INWARD. The other side of that wall paper belongs to the Condo Association. Townhomes are different. The purchaser owns the entire unit. The differences here is what the "owner" is responsible for. Townhome owners don't pay condo fees, but the condo owner doesn't have to pay for that new roof, whereas the townhome owner will pay for that new roof...
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