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 ?
28) These are all situations that could set the ground for new conflicts from the perspective of ownership, which condominium laws, to date, have hardly touched on.
The Condominium Law will define the role of the Owners Association, a representative body comprising unit owners in a development, as well as the developerAEs role in the day-to-day management of shared facilities such as elevators, garden, gym and swimming pool.
Condominium law dictates specific operational requirements including:
Robbins also has extensive experience in condominium law and in representing both landlords and tenants in office, retail and industrial lease matters.
Coffey concentrates her practice in redevelopment, land use applications, financial incentives and public-private partnerships and related issues regarding affordable housing, liquor licenses, the Highlands Act and condominium law.
Nancy Campiglia, an Orlando-based partner at Akerman Senterfitt practicing in real estate, condominium law, and residential and commercial condominium creation, will oversee the pro bono work.
Just as Alice discovered in Wonderland, what is usual in condominium law is frequently the unusual.
The committee members also took the time to educate the bank's representatives about the nuances of condominium law and examined every possible construction and repayment scenario before the fact.
Conn, based in Tampa offices, who practices administrative law, land use, environmental, local government, real property, and condominium law.
Once every decade, the Florida courts issue an opinion that profoundly changes the face of condominium law.
As an attorney with Ulmer & Berne, David's practice focuses on all facets of residential and commercial real estate, including acquisition and disposition, financing, development, leasing, zoning, and condominium law.
She is also an adjunct law professor at New York Law School and a faculty member for the New York State Judicial Institute, where she educates State Court Judges and Court Attorneys on developments in coop and condominium law.