Ask Judy

What are the differences between a condominium, a townhouse and a co-op? 

A townhouse is a style of construction, whereas condominium and co-op are types of ownership. A townhouse is basically a building or unit that shares a common wall with the building or unit next door. The walls are usually straight and entry is usually from the ground floor. Townhouses usually have two or more stories. A townhouse can be a style of condominium. 

A condo is where you own the actual structure of the building jointly with the other members of the association, along with common areas such as swimming pools, tennis courts or other common areas. Individually, you own the airspace and interior of the structure, but not the building itself. You and the other members of the association own the structure together. 

A co-op is where you own shares of a corporation or organization that owns the larger structure, and ownership of those shares gives you the right to occupy a specific unit or apartment. 
 

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Judy Davis
Carterville, IL 62918
Phone: 618-922-3224
Email: judydavis@coldwellbanker.com
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The best realtor I ever worked with. Very knowledgeable and helpful. A sweet and caring individual user8796536
Judy is professional, efficient and personable. She is very busy but NEVER made us feel rushed. She always treated us as if we were her only clients. Judy knows the area and has a lot of valuable information about the building and structure of houses, as her husband is a home inspector. I would recommend Judy to anyone buying or selling a home in Southern Illinois. user1203082
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Judy Davis | 618-922-3224 | Contact Me
100 West Plaza Dr - Carterville, IL 62918
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