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Condominium - Wikipedia Condominium is an invented Latin word formed by adding the prefix con- 'together' to the word dominium 'dominion, ownership' Its meaning is, therefore, 'joint dominion' or 'co-ownership' [3] Condominia (the Latin plural of condominium) originally referred to territories over which two or more sovereign powers shared joint sovereignty This technique was frequently used to settle border
What’s a Condo? Different Types of Condos Explained A condominium or condo is a housing unit where the owner shares common areas with other owners Unlike apartments, condos are owned by their respective owners
What is a condominium? How is it different from an apartment? What is a condominium? A large property, divided into single units for the purpose of sale, is a condominium So how is it different from a regular property? Much of the difference springs up due to the kind of ownership For example, in the case of an apartment, a single family purchases not just the unit but they also have a right of ownership on the land on which the structure is built In
What is a condominium? | Rocket Mortgage A condo, also known as a condominium, is a housing or residential complex where individuals own their units Learn more about this affordable path to homeownership