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What is the difference between a duplex, townhouse, and condo?

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What is the difference between a duplex, townhouse, and condo?

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A duplex is two units sharing one wall between them. Each duplex includes the purchase of the land underneath and around the unit. A townhouse is a multilevel unit which shares on or town walls, in a building with three or more side-by-side units with each owner owning the land underneath and in front or back of the unit. A condominium is a form of ownership where multiple units are located in one building and the owner owns the interior of the space, or “paint to paint” and there is a common ownership of the building, and land.

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