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A condominium is ownership in common with others whereby multiple owners own separate units in a structure (or structures) and a proportionate interest in the land and common areas.

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7y ago
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11y ago

A condominium is a land-use definition fully rendered by a land developer to define real estate ownership of property by multiple owners.

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Q: What is the definition of condominium?
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Related questions

What is the difference between a villa and a condominium in Missouri?

Regardless of your location, a villa is a style of residence: condominium is a form of real estate ownership without a definition of the residence style.


Is a crawlspace under a condominium considered part of the condo unit?

Please review your governing documents -- your CC&Rs, to discover the boundary definition for your unit. Look for the section with boundary in the title. There is no standard: every condominium is different from every other condominium.


What is the definition of a condo?

There are several. You can read more on Answers.com, below.


What is considered the interior of a condominium?

You can find the definition you want in your CC&Rs document. Look under the topic "Unit Boundaries." These boundaries are likely to be different in every condominium community and as an owner it's important that you understand where they are.


Is wall sharing between owners of condo units consider to be common area?

Read your governing documents. In the index, look for 'Boundary Definition' or similar entry, which will answer your question.Every condominium unit is different; every state is different -- and condominium governing documents are based on individual state condominium laws.


What is are issue in condominium property?

Your question reads as though you want a definition of the word 'issue'. Please read your governing documents to explore that definition. If you have a more specific question, please ask it.


What is a highrise condominium?

A high rise condominium is a tall building with condominium units.


What is the difference between a condominium unit and a condominium phase?

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.


What is the difference between a duplex and a condo?

A duplex -- by definition -- is two. A condominium is a form of real estate ownership that may apply to residences, commercial spaces, marina boat moorings and so forth.


When was the declaration of condominium of oceanquest condominium recorded?

You can find the answer you want in your local hall of records where the Oceanquest Condominium is located.


When was Carbonell Condominium created?

Carbonell Condominium was created in 2005.


When was Atlantis Condominium created?

Atlantis Condominium was created in 1982.