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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 is a condominium? - Homes. com In a condominium setup, an individual owns a specific unit within a larger property Ownership usually stops at the interior walls of the unit Residents share the common areas — the pool, the laundry room, the fitness center, the mailroom — and pay a fee (usually monthly) to maintain them and the development's exterior and landscaping
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