There are many different types of condos
to keep in mind and few things that can navigate you to choose ownership options are legal requirements, proprietorship, right of survivorship, and time. Considering these factors can help you make the right decision. If you’re looking to own all your property rightfully, you can opt for freehold interest, but if you want a place to invest in for a limited period, you'll benefit most from leasehold interest. Simultaneously, someone who wants to own their property after death should prefer tenancy-in-common over the joint tenancy. All in all, the road to buying your dream condo isn't as easy as you think. The different types of ownership come with their own set of advantages and disadvantages. It makes analyzing every aspect of your property extremely crucial to reach a decision that is best suited for you.