what is the difference between commercial and residential?
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The main difference between residential and commercial properties are your customers. For residential properties, they're called tenants and they pay you a fixed monthly amount to live on your property. For commercial properties, on the other hand, the main type of clientele are business-owners and companies.
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Investment Banking vs. The main difference between investment banking and commercial banking is that investment banking typically deals with purchasing and selling bonds and stocks for companies, and also helping them issue IPOs, while commercial banks primarily deal with deposits or loans for companies or individuals.
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The major difference between manufactured, mobile, and modular homes is the way that they are constructed. Manufactured homes are completely constructed in a factory and then transported to the home site. ... Modular homes are either built on a permanent chassis or on a temporary one.
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Home treadmills are used in personal homes, while commercial treadmills are commonly used in public places such as gyms and more upscale clubs. Performance differences between home treadmills and commercial treadmills. Commercial treadmills are equipment used by the general public as part of a range.
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Yes. In the eyes of the International Building Code, a church is a commercial building. Very generally speaking in design, projects are referred to as 'residential' and 'commercial'. ... fall under the IRC - the International Residential Code.
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The difference between a PUD townhome and a condominium townhome is that in a PUD, you actually own the land your townhome sits on, and usually a small back and front yard also. ... Again, the main difference between a PUD townhome and a condominium townhome is that in a PUD, you own some land. In a condo, you don't.
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SDLT for both commercial and residential property is charged on the purchase price. It is calculated on the proportion of a property's value in each tax band. SDLT is not payable on the price of commercial properties up to £150,000 and up to £125,000* for residential properties.
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Commercial law focuses on the sale and distribution of goods, as well as financing of certain transactions. Business law focuses on the other aspects of business, including forming a company, mergers and acquisitions, shareholder rights, and property issues such as leasing office or warehouse space.
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A commercial bank is where most people do their banking. Commercial banks make money by providing and earning interest from loans such as mortgages, auto loans, business loans, and personal loans. Customer deposits provide banks with the capital to make these loans.
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Retail vs. ... You see, commercial is when you sell a product through another store, and retail is when you sell your product directly to your buyer. The bad side to commercial is that you will probably need to sell your merchandise for less money, so the store can make a profit.
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While residential properties are exclusively used for private living quarters, commercial refers to any property used for business activities. Commercial refers to hospitals, assembly plants, storage warehouses, shopping centers, office spaces, or any other location for a business enterprise.
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A commercial bank is where most people do their banking, as opposed to an investment bank. Commercial banks make money by providing loans and earning interest income from those loans. The types of loans a commercial bank can issue vary and may include mortgages, auto loans, business loans, and personal loans.
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Commercial windows are designed to let in more light for larger spaces, like offices, schools, and other business-type buildings. More light means larger frames and overall more glass. Residential buildings have smaller spaces designated for windows, so you can see less glass and more paneling in action.
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Again, the main difference is actually the property that they specialize in. Residential real estate agents deal with residential properties. On the other hand, a commercial real estate agent is qualified to deal with both residential and commercial properties.
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A condominium is similar to an apartment in that it's an individual unit residing in a building or community of buildings. But unlike an apartment, a condo is owned by its resident, not rented from a landlord. A townhouse is an attached home also owned by its resident.
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Residential - from “Residence”, it means dwelling place or home. Thus, residential are buildings used as homes. Commercial - from “Commerce”, meaning trade, these are buildings used for providing goods and services like a mall or a store. Industrial - from “Industry”, this refers to production.
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Yes. In the eyes of the International Building Code, a church is a commercial building. Very generally speaking in design, projects are referred to as 'residential' and 'commercial'. ... Single family and some smaller multi-family buildings (duplex, triplex, etc.)