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condominium |
Also found in: Medical, Legal, Financial, Wikipedia, Hutchinson | 0.02 sec. |
condominiumIn modern property law, individual ownership of one dwelling unit within a multidwelling building. Unit owners have undivided ownership interest in the land and those portions of the building shared in common. This type of ownership has been present in Europe since the end of the Middle Ages; in the U.S. it dates to the latter half of the 19th century and has been popular in crowded urban areas. An alternative to the condominium is the cooperative, in which residents own a share of a corporation, with each share entitling the owner to reside in a particular unit in the building. condominium Politics 1. joint rule or sovereignty 2. a country ruled by two or more foreign powers How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Novak practices commercial and residential real estate law with an emphasis on cooperative and condominium law. Legal help is offered with wills, living trusts, power of attorney, power of attorney for health care, Social Security, probate, elder law, asset preservation, MediCal, landlord/tenant disputes, condominium law, family, real property, business, personal injury, insurance and bankruptcy. A noted author and lecturer, Richardson has written numerous articles in business and trade publications on condominium law. |
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