condominium
DefinitionA form of property ownership in which each owner holds title to his/her individual unit, plus a fractional interest in the common areas of the multi-unit project. Each owner pays taxes on his/her property, and is free to sell or lease it.
This content can be found on the following page:
condominium is ...
... part of the Real Estate subject.
... part of the Real Estate subject.
Related Terms
condominium appears in the definitions of these other terms on BusinessDictionary.com
Loading...
Featured Sponsor
| |







