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What is Townhouse ?
A townhouse is row of homes that is
built side-by-side, connected by common walls, and typically
have two or more levels. A townhouse will have a small yard or a
patio in the back or front, and the lawns are divided equally
among all the houses. The upkeep of the yards is the owners
responsibility. Townhouses can be either in pairs as a duplex or
be a part of a community with hundreds of homes. In the case of
large townhouse communities, you will have a shared ownership in
the common areas of the complex as well as any amenities such as
swimming pools, park areas and will typically have to pay a fee
for its maintenance. This ownership you will share jointly with
all other townhouse owners in the complex.
There are a couple of differences between a townhouse and a
condominium. While condominium is a type of ownership, a
townhouse is a type of housing. Another difference lies in the
fact that in a condominium, the land the houses stand on is
owned by someone else, while in a townhouse the person living in
the home owns the land it is sitting upon.
A Brief History
According to wikipedia Historically, in the United Kingdom,
Ireland and in some other countries, a townhouse (or a "house in
town") was a residence of a peer or member of the aristocracy in
the capital or major city. An example of a famous townhouse is
110 Downing Street, the residence of the Prime Minister of
England.
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