A freehold home is one where the owner fully owns the home and the property on which it is built.
Freehold or Condo Townhome
Townhomes may be either freehold or condominium. Condominium townhomes include shared areas for which owners pay monthly maintenance fees.
Condominium Unit
A condominium is a home within a larger project that includes shared areas for which owners pay monthly maintenance fees.