Home Buying in Orlando>Question Details

Anders Olsen, Other/Just Looking in Sweden, ME

Is a townhome like a villa when it comes to maintenance or like a condo, where you pay for this?

Asked by Anders Olsen, Sweden, ME Fri May 30, 2008

Help the community by answering this question:

Answers

7
Anders,
Generally, both townhouses and villas have association and maintenance fee associated with them. These fees cover a variety of services and vary greatly from one association to another.

Good luck,
The "Eckler Team"
Century 21Almar and Associates
Venice, Fl 34285
ecklerteam@comcast.net
941-408-5363
0 votes Thank Flag Link Fri May 30, 2008
From my experience they are governed the same unless it is different. I know of a few townhome communities where there is a Home Owners Association and an HOA fee, I know of others that look like a townhome community, but are organized as a condominium where each owner has a percentage interest in all the common elements. A villa is basically a one-level attached structure, that could be either a fee simple HOA or condominium association whith the typical monthly maintenance fee.
0 votes Thank Flag Link Fri May 30, 2008
It depends on how it's defined in the Association docs. I've seen multi-family aka duplex-style communities, that have regular HOA docs. But it's very likely that there will be some type of fee. Otherwise there would be no landscaping or even grass-cutting. If there's a pool, that maintenance would be paid from the Association's Financial funds. As for the building's exterior, the roof, etc., that may be covered by Association financial funds that are collected from Association fees, or they may be the responsibility of the home owner. Every situation is different. Your REALTOR may know these answers if he or she has experience in a particular community. Otherwise, the current owner has to have a copy of the documents, or pay for the buyer to receive a copy, if they've lost theirs. That's how Florida FAR/BAR purchase contracts are written.
0 votes Thank Flag Link Fri May 30, 2008
Anders:

It all depends on the community. SInce in both cases, townhouse or condo, you are the owner that makes you responsible for inside problems. Association will cover for roof, exterior of building, common areas. on some occasions they also cover basic cable, pest control, trash, and lawn service. Is there a specific community you are thinking off?

Tony.Vega@coldwellbaner.com
0 votes Thank Flag Link Fri May 30, 2008
Hi,

Most townhomes include maintenance fees which cover the cost of exterior maintenance. The newer the townhome community the more likely the association is responsible for the exterior. The older ones didn't have it this way and they are suffering for it. SO its more like a condo. Infact many communities that call themselves townhomes ar actually quite identical to condo.
0 votes Thank Flag Link Fri May 30, 2008
A "townhome" describes a type, or "style" of home. A "condominium" describes a form of ownership. A townhome may therefore be a condo - or not. They are different concepts. Hope this helps.
See our website FAQ for full explanation:
http://www.condometropolis.com/Condo_FAQ.php
0 votes Thank Flag Link Fri May 30, 2008
Andrew:

It all depends in the community. Since in both cases you are the owner, your association will likely cover...exterior maintenance, roof repairs and public areas. You are responsible for anything inside the unit. Some also include cable, trash, lawn service. There are no specifics. Is there a specific community you are interested in?

Tony.Vega@coldwellbanker.com
0 votes Thank Flag Link Fri May 30, 2008
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer