As we grow old, we tend to work hard to achieve the goals we have set in life. You may have created a list of things you want to do. Perhaps the one that’s included on the list is having your own place to live in. Whether it be a duplex for rent or a duplex for sale that you can buy, it feels nice to have a place you can call your own. So, to help you decide which duplex to rent or buy, here are some duplex fun facts that you need to know.
The duplex is probably a single parcel of real estate and it is not possible to sell the “rental half.” If the parents sell half, the buyer gets an undivided one-half interest in the whole parcel.
Duplexes are meant to have two addresses because it is considered as two separate apartments. This is in spite of being a single structure. In real estate, a duplex can either be legal or non-legal.