condominium

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condominium

Politics
1. joint rule or sovereignty
2. a country ruled by two or more foreign powers

Condominium

An apartment house, office building or other multiple-unit complex; the units are individually owned, and there is joint ownership of common elements such as hallways, elevators, and all mechanical systems.

Condominium

 

according to states’ law, a joint ownership, that is, joint sovereignty over a territory by two or more states. Historically, the condominium was established to eliminate conflicts between states laying claim to one and the same territory. For instance, according to an act of the Congress of Vienna of 1814–15 and of a special treaty in 1816, a condominium was established over Moresnet, since Prussia and Belgium could not agree on the frontier of this borderland between them. Andorra and several islands in the Bidassoa River are condominiums of France and Spain. A condominium may also be established over expanses of water (for example, the condominium over the Gulf of Fonseca and the Gulf of San Juan).

A condominium should be distinguished from a coimperium —a joint rule over an alien territory (for example, the joint rule of Great Britain, France, and Spain over Tangier in the 20th century).

condominium

A form of real estate ownership of a multifamily residential dwelling. Each occupant has 100% ownership of his own apartment and partial ownership of common elements such as hallways, elevators, plumbing, etc. Also see cooperative.
References in periodicals archive ?
See also Sergio Nasarre Aznar, "New Trends in Condominium Law and Access to Housing in Post-Crisis Spain" in Lehavi, Private Communities, supra note 2 at 165.
Individualized and removed from its unity with the condominium law and its institutions, the Village Community and the Customs of Land, peasant private ownership has become extremely vulnerable to the needs and intentions of the nobility.
(20.) Hawaii Revised Statutes [section] 514B provides a limited number of definitions associated with Hawaii condominium law, but does not provide definitions for condominium fee simple or leasehold estates.
(21.) See, e.g., Ontario Condominium Act, supra note 8, [section] 85(3)(c); Puerto Rican Condominium Law, supra note 10, art.
Tenders are invited for the redevelopment attorney shall be an attorney at law in the state of new jersey with a sound understanding of the new jersey redevelopment process and at least five (5) years experience in representing public entities in large redevelopment and rehabilitation projects, land use, condemnation, real estate transactions and extensive knowledge of condominium law.
Decisions are handed down by our circuit courts of appeal each Wednesday and occasionally, on a Thursday, the Florida Supreme Court will decide a condominium law issue.
Hitt said he recently called an attorney who is a member of Lawyers Advising Lawyers to ask about condominium law for an estate he is representing with a condo as an asset.
Pompano Beach, FL, November 18, 2011 --(PR.com)-- The Florida based Leshin Law Firm, a distinguished practice well-known for its commercial litigation, bankruptcy and foreclosure work, recently unveiled a new condominium law service.
The state's condominium law required resale certificates as a vehicle for third-party verifications and disclosures signed by an officer or an authorized agent of the association in any resale of a unit.
TRD: Talel, who is chair of the city bar association's cooperative and condominium law committee, said that if an owner can't raise enough money to pay the maintenance, a board can try other legal remedies before starting default proceedings.
Pre-foreclosure and post-foreclosure condominium assessments (and other related charges) are kind of the "Wild West" of condominium law. Much litigation has arisen over the issues of who owes what in regards to association dues incurred both prior to and subsequent to the foreclosure.