No Fee Rental Apartments Condo's & Co-op's

NoFeeRentalByOwner.com No Fee Rental Guide: The difference between
rental buildings, cooperatives (co-op's), and comdominiums (condos)

A rental building is what most people think of when they intend to rent an
apartment. In this type of building, the landlord owns the entire building.
They manage the maintenance and other day to day operations of the
building.

A condominium or condo building is when each individual unit is owned
individually. There are often times "move in" and "move out" type charges
imposed by the building itself which are held in case of damages during the
moving process.

A cooperative building or co-op can be very tough to get into whether you are
a buyer or a renter. While the apartments are owned by individuals, the
owners must abide by the bylaws of the building and are often times at the
mercy of the co-op board when granting someone the right to rent a
particular apartment.