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Michigan Apartments, Co-Ops, Condominiums and Townhouse Rentals



Apartments come in different sizes some of which can be rented and some owned. They tend to be smaller than living in a house and you are usually connect to your neighbors apartment. Most leases are signed on a yearly and can be renewed.

There are differences between owning a condominium and a single family house. Condo's offer low maintenance but there are monthly condo fees for that to maintenance and repair of the common areas. Every condo owner is also member of the condo association to enforce the bylaws, handling issues and deals with disputes with developers or between condo owners.

Cooperatives, also known as co-ops, are apartment buildings that are run by a corporation with each co-op having a number of shares assigned to it. Buying a co-op unit is buying shares in the corporation, you are not buy the actual real estate, so you don't own the actual space of the co-op. You are a partial owner of this corporation that owns the rights to your co-op land and building. You do have rights to live in your co-op according to your proprietary lease.






Central-East Michigan Apartments in Central Eastern Michigan
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Upper Michigan Apartments in Upper Peninsula Michigan
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