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A comment on How the super-rich are digging down in London. Parent comment

Re:How the super-rich are digging down in London by jessriedel on Sunday May 13, 2018 @06:01PM (#17061264)
No, "condo" means they are owned by the occupants. "Apartments" are generally rented, although you might hear someone say "I bought my apartment" if they purchased a dwelling in a building that is mostly for rent.
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Re:How the super-rich are digging down in London by jjeaff on Sunday May 13, 2018 @06:18PM (#17061326)
Actually, it is more specific. Condos are like apartments that you own where the roof, plumbing beneath the floor (sometimes), and exterior are owned and maintained collectively by something like an HOA.

But if you own and maintain the roof and exterior of your place up to the place where it adjoins to other units, then it's actually a townhome.

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Re:How the super-rich are digging down in London by jessriedel on Sunday May 13, 2018 @10:15PM (#17062221)
I wasn't claiming that condos are defined only by being owned, just that they are necessarily owned.
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Re:How the super-rich are digging down in London by cylinder on Sunday May 13, 2018 @11:00PM (#17062363)
It doesn’t have anything to do with occupants. Condos can be rented out too. It’s a legal term having to do with division of titles, common area ownership, etc
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Re:How the super-rich are digging down in London by jessriedel on Monday May 14, 2018 @09:12AM (#17065162)
Sure, sorry, yes. It's not the occupant's ownership per se, it's that the units are owned individually (and hence have to have rules governing shared-use stuff like elevators).
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