The word condominium generally means sharing ownership with others. A condominium is legal arrangement whereby multiple owners share ownership of real property. A portion of the property in the form of units is individually owned and the rest of the property is owned in common with all the unit owners subject to the provisions of the Declaration that created the condominium and to the provisions of state law.
Generally, a condominium project is a form of fee ownership by which several owners share ownership of a building(s) by each owning their respective units. In addition to their unit, each owns a proportionate interest in the land that forms the condominium property and common areas of the condominium such as pools, recreation areas, game rooms, community rooms, elevators, stairwells, corridors, streets, surrounding land, laundry rooms, and unassigned parking areas.
By the acceptance of their unit deed each unit owner agrees to have their unit subject to the provisions in the Master Deed. Although a condominium is governed by statutory law, can promulgate rules and regulations and assess monthly maintenance fees, the ownership of a condominium unit is considered a fee simple estate.
The word condominium is not a proper noun. You did it correctly in your question.
There are five syllables in the word "condominium."
Condominium is a form of real estate ownership; house is a word used to describe a structure.
Condominium is a form of real estate ownership; house is a word used to describe a structure.
Bob was forced to kick out the jocular man who decided to use the bathroom that read "Do not use!" in the condominium that was for sale.
My parents used to live in a condominium but they bought a house two years before I was born.
'Condo' is a clipped version of the longer word condominium.
Guess you meant word not work. There are five
A high rise condominium is a tall building with condominium units.
Abode,apartment,cave,condominium,den,and enviorment.
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.