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There are a lot of home tenures that are lurking in the market but for most people, there are three basic types of home ownership that should be given emphasis:
1. Private House
It can be a one-family structure and can be either totally unattached, semi-attached, or fully attached. An owner usually purchases the entire structure and receives a deed at closing indicating that he or she is the only owner of the property.
An owner also receives a deed to the property and has the ability to lease some or all of the apartments to others in exchange for rental income. In order for this to be legal, the building department of…
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