Find Out About the Latest Palos Verdes, Redondo Beach and Torrance Area Homes for Sale Before Anyone Else! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the Palos Verdes, Redondo Beach and Torrance, California area MLS, and even later on the national listings web sites, if at all. By signing up to receive our latest listings, we'll send you an email notice instantly -- as soon as our latest homes for sale go online. You'll find out first, before other Palos Verdes, Redondo Beach and Torrance buyers. There is absolutely no obligation, and this service is free of charge. Don't miss out! Get an email as soon as our new properties come on the market in Palos Verdes, Redondo Beach and Torrance! There's no obligation, and you can stop our emails with one click. Just fill out this form to get started... 
Titles >Holding Title to A Condo With condominiums becoming increasingly popular among today's homebuyers, it is a good time to clarify the terms of ownership that seem to confuse many people. Condo-type residences most commonly fall into two categories - condominiums and townhouses.
A condominium is usually a multi-story structure. Each owner-resident has a deed of ownership for his own unit and owns the space within the unit, but not the land under the structure. Therefore, condo units can be stacked vertically. Condo owners share title to the common areas of the development, including land, exterior of buildings, hallways, roofs and swimming pools -- all areas used by all occupants. Each owner pays property taxes on their unit. Also, a monthly fee is paid to the homeowners' association that is used for managing and maintaining all common areas.
A townhouse, or town home community is usually a series of single- or two-story housing units, each linked to each other horizontally by common walls. Each owner hold title to their unit and the land beneath it, thus these units cannot be stacked vertically. Typically, a townhouse unit will be a two-story residence, with the living area downstairs and bedrooms upstairs. Common areas belonging to the townhouse development are owned jointly. Each townhouse owner pays property taxes and association fees.
|
| Q |
Where is the world's tallest apartment block?
|
| A |
The 100-story John Hancock Center in Chicago, Illinois is 1,127 feet high; floors 44 through 92 are residential.
|
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERTS™ 
