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What is the difference between owned parking, exclusive parking and rental parking?

April 26, 2017difference exclusive parking rental

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What is the difference between owned parking, exclusive parking and rental parking?

1 Answer

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10 Posted

Owned parking means that you are purchasing a parking space along with or separate from your condo unit. It’s yours to sell as you please. Exclusive use means you are assigned a parking space that’s yours, and only yours, to use as long as you own your condo. Rental parking is sometimes available for units that don’t come with owned or exclusive parking – inquire with the property manager!