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Team Tiller, REALTORŪ, real estate agents and broker for Denton, Flower Mound and Lewisville Texas home listings, property and land for sale - NUMBER1EXPERT(tm)



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Real Estate Tips
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.

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Real Estate Trivia
Q 
What famous American monument is also the world's heaviest statue?

A 
The Statue of Liberty, officially named "Liberty Lighting the World", weighs 54.31 million pounds.
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Team Tiller, REALTORŪ, real estate agents and broker for Denton, Flower Mound and Lewisville Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

Team Tiller
Keller Williams Realty

Toll Free: 866-874-7060
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Team Tiller's highly motivated professionals, along with our helpful and courteous office staff are here to provide the highest level of service while listening carefully to assist you in all your real estate needs. Our success has been demonstrated by the numerous referrals, repeat and satisfied customers that we work with every year. On average, 53% of the business Team Tiller does in a given year is referral based with a 98.96% customer satisfaction rating. We strive to stay on the cutting edge of the real estate industry for the benefit of our clients along with giving them extraordinary service..... Team Tiller has built its reputation and success on customer satisfaction. We pledge to you the highest level of service possible while maintaining honesty and integrity in everything we do. Above all, our team is committed to always placing the client first. If we promise to perform, you can consider it done!

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Keller Williams Realty real estate and homes for sale in Denton, Flower Mound and Lewisville Texas

Keller Williams Realty real estate and homes for sale in Denton, Flower Mound and Lewisville Texas

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