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On Thu, 02 Aug 2012 17:32:22 -0400, Warp wrote:
> Jim Henderson <nos### [at] nospam com> wrote:
>> > (*) Well not "rent" per se. I think the closest term I can find with
>> > google is "condominium payment" or "condo fee". But this same housing
>> > cooperative has rental housing with the same deal.
>
>> It'd be what is referred to here as an 'association fee' (as in a
>> homeowner's association).
>
> I don't rent this apartment, but neither am I a homehowner per se (iow.
> I don't *own* this apartment either). It's a form in-between those two.
> The montly fee is cheaper than rent for a typical apartment of the same
> size in the same area, and I have more rights to the apartment than I
> would if it was a rental (eg. I could make modifications and renovations
> that would not be allowed in a rented apartment), but it's not ownership
> per se.
>
> I'm not sure what the English term for this is.
OIC, I'm not sure either. Could you basically walk away from it if you
wanted to?
> (If I actually owned this apartment, but had to share the building's
> common services with all the other tenants, and thus pay a fee for the
> maintenance,
> I think the term is "condominium". This is almost like that, except that
> I don't really fully own the apartment. However, it's not the same as
> rental either.)
A condominium is a type of dwelling, not a use arrangement. Condos tend
to have the "association fees" I mentioned before to cover things like
care for common areas on the property and whatnot, but the condo itself
has a separate payment made either to a landlord (as a rental) or a
mortgage company (as a purchase).
What's the word in Finnish that describes it?
Jim
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