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Buying a home or property

When you buy a home, you usually purchase a housing share or a property.

When you purchase a home in a block of flats or row house, you buy the shares of the housing company that give you the right of possession for a certain flat. All the shareholders own the building together. When you buy a detached house, you buy a property, in other words the house and the plot on which it stands.

Text edited by: editorial team
Updated: 9/16/2021