Real Estate physical categories

Posted by PCM on   | Filed Under Real Estate Tagged

There are many real estate physical categories available in Europe as well as in North America. These include a gamut of ‘structures’ like the following:-

• Attached as well as multi-unit dwelling places
• Apartment that is also known as flat outside North America- This is a very common term and usually stands for a particular unit in a multi-unit building. An apartment’s boundary is defined properly by a particular perimeter of doors that can be locked.
• Multi-family house- These houses usually are seen in several multi-story buildings that are also detached. Every floor here has an individual entity and there is a separate unit.
• Condominium- These are usually complexes or buildings and have similar characteristics like an apartment. These are usually owned by individuals and there are several common grounds as well that can be jointly shared.
• Duplex- These are nothing but a couple of units that have just one shared well.

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