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condominium |
Also found in: Medical, Legal, Financial, Wikipedia, Hutchinson | 0.03 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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He's building 45 units in the Central Valley that the city considers detached condominiums. A variety of housing types is envisioned -- targeted to first-time buyers through retirees -- that will include town homes, garden apartments, duplexes, single-family detached condominiums and zero lot line cluster homes, as well as conventional single-family detached homes. Tours include the sites for the Soledad Townhomes project, where 411 town homes and condominiums are proposed; the Golden Triangle Apartments site, where 180 residential apartment units are sought; the Soledad Circle Estates, where 150 detached condominiums are proposed; and the Centex Homes project, where 167 detached condominiums are requested. |
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