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Kingsland, Georgia - Condominiums & Townhouses search results Premier Listings

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Important Terms about Condominiums

Condominiums are popular among people who want to combine the most convenient aspects of apartments and home ownership. They can be an attractive option for those who no longer wish to rent or lease the property they live in. If you're thinking of moving into a condominium, you may be confused by the unique terminology you may run into, so let's define certain key terms associated with them.

  • Condominium - A type of multi-unit housing in which each unit is owned by its occupant, who in turn holds partial ownership in the other areas of the building. It differs from an apartment building in that the residents do not rent but own the units. Each owner is responsible for the sale of his or her unit. They can also rent or lease the unit to another party.
  • Common elements - The areas of a condo that collectively belong to its residents. These can include pool areas and laundry rooms. Limited common elements are those allocated to some but not all of the condo residents.
  • Condo association - An organization involved in regulating various aspects of the condominium property, such as making repairs. Condominium residents are typically required to pay a monthly fee, often called an assessment, to the association. The association can be made up of condominium owners or professional managers. Sometimes called a homeowners association.
  • Reserve fund - The money set aside by the condo association for maintenance and repairs.
  • Waterfront condo - A condominium built next to a body of water, such as an ocean, lake, or river. Due to high demand, waterfront condos sales usually command premium prices.
  • Townhouse - A type of housing arrangement in which houses are set in a row and share walls.
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    The Grove Villas
    6400 Sw 20th Ave, Gainesville, FL 32607
    Homes for rent are now available within just few clicks of your mouse. Beautiful old oak trees in the southwest area make our condominiums a little hidden treasure that you can enjoy.
    (352) 332-8156
    Mercer Point
    100 Walden Park Dr, Savannah, GA 31410
    (1) Review Write a review
    (912) 897-1044
    User Review: "I had a lot of problems ever since I moved into this place. It took them months to get the code for the front gate to open..." - Resident (GA)
    Hammock Cove
    11921 Colerain Rd, Saint Marys, GA 31558
    (912) 576-1270
    Edwards Company The
    5317 S Fletcher Ave, Fernandina Beach, FL 32034
    (904) 261-8433
    Amelia by The Sea Rentals-Era
    3240 S Fletcher Ave, Fernandina Beach, FL 32034
    (904) 261-6795
    Amelia South Rental-Era
    3350 S Fletcher Ave, Fernandina Beach, FL 32034
    (904) 261-7991
    Amelia South Inc Association
    3350 S Fletcher Ave, Fernandina Beach, FL 32034
    (904) 261-7433
    Amelia Lakes Apartments
    30874 Paradise Commons, Fernandina Beach, FL 32034
    (904) 277-2743
    The Pelican Condominium Rentals
    3460 S Fletcher Ave, Fernandina Beach, FL 32034
    (904) 261-4058
    Atlantis On Amelia
    3420 S Fletcher Ave, Fernandina Beach, FL 32034
    (904) 261-4400
    Oceans of Amelia Rentals-Era
    382 S Fletcher Ave, Fernandina Beach, FL 32034
    (904) 261-4013
    Era Fernandina Beach Realty
    2057 S Fletcher Ave, Fernandina Beach, FL 32034
    (904) 261-4011
    Ketch Courtyard
    3150 S Fletcher Ave, Fernandina Beach, FL 32034
    (904) 261-0677
    Summer Beach Properties
    5456 First Coast Hwy, Fernandina Beach, FL 32034
    (904) 277-0905
    Terraces At Beachside
    32 S Fletcher Ave, Fernandina Beach, FL 32034
    (904) 277-2364

    Condominiums are essentially apartments that a person owns rather than rents or leases; they also might pay association fees to help with the maintenance of the building and grounds around the condos. Condominiums usually will contain kitchens, laundry rooms, and multiple bedrooms and can be very luxurious or have a very contemporary look. Condominiums also often come with 24 hour security services. Buying and selling condos is usually done by real estate agents but they can also be put up for sale by the previous owner. Condominiums differ from townhouses in the fact that condominiums can be high rises, multi-bedroom, or even similar to the style of a hotel, whereas townhouses usually only have one or two units per building and are houses rather than high rise buildings. Many new condominiums offer luxury features and can be found in any part of the cities including downtown. Real estate agents will also offer more services when dealing with purchasing condos rather than renting apartments. An excellent way to get more information about the differences between condos both old and new, townhouses, and luxury vacation sales is to speak with a real estate agent who has access to multiple listings in all areas. Other information can usually be found through online sites and sometimes brochures that include property for lease, condo listings, and vacation property for sale. Many people consider condos more of a home than apartments because they own them rather than rent them. Condominiums can include almost anything from luxury kitchens, multiple bathrooms, and can even come completely furnished. They may be downtown or in the suburbs and they can come in almost any size.
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