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A. There are several, some more consequential than others, when looking at a sponsor apartment, say our experts. A sponsor apartment is a unit owned by the original owner or corporation responsible for turning a building from a rental into a co-op.
What is a studio apartment? A studio apartment is a newer concept and is rapidly gaining popularity all across the globe. Especially since apartments are now wearing quite an expensive price tag. Studio apartments, also known as a bachelor-style apartment, efficiency apartment or a studio flat are small and self-contained. Efficiency apartment is the perfect term for a studio apartment as a single unit of flat contains all the essential rooms found in an apartment without any barrier of walls or divisions.