June 2016
The distinction between condos and apartments is disappearing.
Residents in both types of properties seek good management, quality amenities and appealing services.
The difference between a condo and apartment is legal. Condos are designed for ownership. Apartments are designed for rental. As more condos are provided as rental accommodation, this distinction has become less clear.
Landlord condo owners increasingly need to understand the mindset of those who may want to rent their property.
Survey results of renters and landlords by RentShare show that renter concerns are similar to those of condo owner landlords.
