All About Condominiums
May 12, 2010 on 2:52 am | In Information | Comments Off
What is a Condominium?
Under a condominium plan, residents hold legal title to their units, as if they were freestanding houses. In addition, they own a proportional share of “common elements”, like lobbies, yards, roofs, parking lots, and recreation facilities. Condominiums come in a wide range of sizes and styles, including town houses,
garden apartments, high-rise towers, and even freestanding houses sharing private
streets or courtyards.
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