About Condo Rentals

Condos are multi-family units. Condos differ from apartments because they are governed by associations that make restrictions and regulations for the property. Renting a condo allows you the opportunity to be part of a community, without the burden of ownership.

Significance

Condominiums are often located in downtown areas, in popular shopping areas or around tourist attractions. Renting a condo while on vacation is often a less expensive alternative to staying in a hotel.

Features

Whether you are renting, or making a permanent residence, condos usually provide lawn care and a swimming pool, as well as other recreational facilities.
Condos are generally equipped with such security features as gated entry and individualized home security.

Types

Renting a condomium in a building is a popular choice within tourist areas and beach front locations. Condo rentals are also available in community settings and are often made up of single story rows which resemble apartment units.

Considerations

If you are planning to rent a condo for an established place of residence consider the restrictions and regulations set forth by the condominiums's association. Be familiar with the rules before moving in.

Misconceptions

Renting a condo is not like renting an apartment. You pay rent to the individual who owns the condo, not the condo association itself. If the condo owner does not pay association fees or breaks the rules in some way, you may be asked to leave.