Ownership Definitions

Single Family Homes
Single family homes remain the popular choice. Location, size of the home and lot, and amenities affect the price.

Condominiums
In the case of condominiums, the buyer owns his or her individual unit and a percentage of the remaining real property, land and amenities. Unit owners belong to a homeowners' association which charges monthly fees for the maintenance of common property.

Townhomes
In the case of townhomes, the buyer owns his or her individual unit and the ground under that unit. Each townhome has its own roof. Townhome owners may also belong to a homeowners' association for maintenance of common areas and amenities.

Duplexes
Duplexes typically consist of two dwelling units constructed as a single building. The buyer can live in one unit and rent out the other unit.