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.

Comments for Townhouse

Reuben Reuben said:

If a triplex has a pair of side-by-side 2-story units with the 3rd unit sitting on the 3rd floor across the first 2 units, can the complex be made into townhouses?

Jun 11, 2019  12:39:56

 
Real Estate Agent

Hello, Reuben! Townhomes usually have their own entrance at street level, so you may turn your three unit property into two townhomes, although you should seek advice from your city first, and then, get a permit.

Jun 21, 2019  06:37:58
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Number of small holes in a wall allowing water to drain from it. This makes the walls able to withstand water pressure. ...

What does contribute mean in everyday scenarios? The official “contribute definition” goes as follows: providing a thing of great value, regularly money, to help accomplish a ...

Property that is unoccupied and thus not being used. It is usually raw land with no structure or improvements theron. ...

Amount still unpaid at a particular date on a loan or other financing agreement. ...

Burdens one parcel of land (the servient estate) for the benefit of another parcel (the dominant estate). ...

Taxes owed due to nonpayment, underreporting, or omission (unknowingly or intentionally) from a prior year. The taxing authority will demand the back taxes, including possible fines, ...

Optional feature included in some homeowners insurance policies that pays the replacement cost of any personal property. ...

"Same as term bridge loan: Short-term loan that is made in anticipation of permanent longer term loans. The interest rate on such a loan is usually higher than on longer term loans. An ...

Lack of supply of real property. When demand exceeds supply, price of the property goes up. For example, if there are only a few homes in a town that everyone desires to reside in, the ...

Popular Real Estate Questions