Talk of The Villages Florida - View Single Post - Single family home vs condos
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Old 09-30-2014, 06:41 AM
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My understanding of the difference between a townhouse and a condo is that in a townhouse you own the land under your unit and you are assessed and taxed like a single family home. In a condo you only own your unit, not the land. The total taxes are usually included in your association fee. We live in a townhouse in New York. The places in Spanish Springs would be considered a townhouse. We toured many of them and they are gorgeous because they were used at the time for the Life Style visit. Downside is no private outdoor lanai space.
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