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v. t. e. A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners. These individual units are surrounded by common areas that are jointly owned and managed ...
v. t. e. Single-room occupancy ( SRO) is a type of low-cost housing typically aimed at residents with low or minimal incomes, or single adults who like a minimalist lifestyle, who rent small, furnished single rooms with a bed, chair, and sometimes a small desk. [ 1] SRO units are rented out as permanent residence and/or primary residence [ 2 ...
Short-term rental ( STR) describes furnished self-contained apartments or houses that are rented for short periods of time. [ 1] They are usually seen as an alternative to hotels. "Short stay" rentals are an offshoot of the corporate housing market, [ 2] and are also offered by private owners and investors via online platforms such as Airbnb.
The Philippine Statistics Authority defines a squatter, or alternatively "informal dwellers", as "One who settles on the land of another without title or right or without the owner's consent whether in urban or rural areas". [ 1] Squatting is criminalized by the Urban Development and Housing Act of 1992 (RA 7279), also known as the Lina Law.
Rental agreement. A rental agreement is a contract of rental, usually written, between the owner of a property and a renter who desires to have temporary possession of the property; it is distinguished from a lease, which is more typically for a fixed term. [ 1] As a minimum, the agreement identifies the parties, the property, the term of the ...
Located in San Francisco, Pillow helps residents list their apartments as short-term rentals without violating their leases. It’s raised a total of $16.5 million in VC backing since 2013 ...
A studio apartment, or studio condo [ 1] also known as a studio flat ( UK ), self-contained apartment ( Nigeria ), efficiency apartment, bed-sitter ( Kenya ), or bachelor apartment, is a small dwelling in which the normal functions of a number of rooms – often the living room, bedroom, and kitchen – are combined into a single room.
A lower-rise apartment building on the left side of the Avenue of the Americas in Manhattan, juxtaposed next to a skyscraper apartment building. An apartment (North American English), flat (British English, Indian English, South African English) [a], or unit (Australian English) is a self-contained housing unit (a type of residential real estate) that occupies part of a building, generally on ...