Townhouse


Definition of "Townhouse"

An attached dwelling in a multiple housing complex having at least two floors and usually a garage. Such dwellings are typically found in condominiums and cooperatives.



Search Real Estate Glossary

 

Related Real Estate Glossary terms

Boston Plan

Agreement named after the city of Boston under which insurance companies insure real property in low ...

Free Alongside Ship (fas)

Term meaning that an exporter of goods that are damaged or destroyed during international shipment r ...

Cost Of Living

Cost to buy goods and services encompassed in an accepted standard level of consumption. ...

Stipulations

Conditions and terms agreed to in a contract. ...

Value Before The Taking

Market price pf all the property prior to a condemnation proceeding. ...

Voluntary Deferral Plan

Vehicle for the deferring of unneeded current income for a later date, such as retirement, providing ...

Related Real Estate FAQ

What Is Homeowners Association (HOA)?

Homeowners association is a nonprofit association that manages the common areas of a condominium or ...

What Is A Buyer’s Agent?

An agent hired by buyers to help them find and negotiate the purchase of a home. This agent works fo ...

What Is A Loan Origination Fee?

A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

What Is A Debt-to-income Ratio?

A debt-to-income ratio is the percentage of a persons monthly earnings used to pay off all debt obli ...

What Is Disability Insurance?

Line of insurance, which included coverages that are designed to protect the insured against a loss ...

What Type Of A Home Is A Condominium?

A condominium is a form of home ownership in which the owner owns the airspace within the walls but ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

When to buy a house Home Prices - The Extra Costs Should you Buy a Home with Cash? Rent or Buy - the pros and cons How To Choose A Realtor

FAQ

What does preapproved mean? What is an amortization? What is a Multiple Listing Service (MLS)? What is an APR and what does it include? What is a title search?