Generally the term 'condominium resort' refers to a collection of residences built in a resort area. A unit in the complex may be referred to a 'resort condominium'.
Sometimes the governing documents require that the residence be available for rent for a fixed minimum number of days or weeks during the year.
There is a company named Resort Condominium International (RCI), that affiliates with resort properties and markets them together with other travel services.
Legally, a hotel is owned by a single owner and the property managed for the benefit of both the owner and guests. Each condominium unit is owned individually, and its association manages the business of the condominium.
A time share condominium is a scheme under which individual owners can purchase the use of a condominium by the week, usually in a resort or other vacation destination. Buyers do not own any fee interest in the until. They own the right to use it for a certain time period. For example, a friend owns a three week time share in a beachfront condominium in Nassau. They have assigned weeks every year. Another friend owns a four week time share through a major resort hotel chain that can be used in numerous resorts around the US.
A high rise condominium is a tall building with condominium units.
The Mediterranea is an exciting new luxury condominium resort located on the beach with breathtaking views of the emerald-green waters of the Gulf of Mexico.
You can visit the hall of records, the tax assessor's office, to determine ownership of the property.
A condominium unit is a single unit in a condominium project, whether residential or commercial. A condominium phase is a development period, during which a developer builds, finishes and/or sells a set or collection of condominium units.
"Condominium" is a noun. A noun is a person, place, or thing.
You can find the answer you want in your local hall of records where the Oceanquest Condominium is located.
HarborView Condominium was created in 1993.
Carbonell Condominium was created in 2005.
Atlantis Condominium was created in 1982.