Real Estate Business

  1. Home
  2. Business & Finance
  3. Real Estate Business

Townhouse

By James Kimmons, About.com

Definition: A townhouse is one of a row of homes sharing common walls. Differing from condominiums, townhouse ownership does include individual ownership of the land. There can also be common elements, such as a central courtyard, that would have shared ownership.

Explore Real Estate Business

About.com Special Features

Building Your Small Business

Get the best tips on starting up and staying competitive. More >

Best Moves in a Bad Economy

Stay on top in this tough economy with our smart, easy-to-follow financial tips. More >

Real Estate Business

  1. Home
  2. Business & Finance
  3. Real Estate Business
  4. Real Estate Terminology
  5. S - V
  6. Definition of a Townhouse

©2009 About.com, a part of The New York Times Company.

All rights reserved.