Real Estate Definitions › Property Types & Ownership

Townhouse

Outland and Associates Real EstateJames Outland, Broker AssociateDRE #01314390

What is Townhouse?

A townhouse is a home that shares one or more walls with neighboring units but is typically multi-level and may include a small yard. Owners usually own the structure and the land beneath it, often within an HOA. It is a middle ground between a condo and a single-family home.

Example: A buyer chooses a two-story townhouse sharing side walls with neighbors, owning the unit and a small patio while paying modest HOA dues.

Important Disclaimer

This definition is provided for general educational purposes only and is not legal, tax, or financial advice. Real estate laws and lending rules change and vary by situation. Before acting, consult a licensed attorney, CPA, lender, or other qualified professional in the State of California regarding your specific circumstances.

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