Condominium Definition

kŏndə-mĭnē-əm
condominiums
noun
condominiums
Joint rule by two or more states.
Webster's New World
A form of real property ownership in which the purchaser of each unit of an apartment building or in a complex of multiunit dwellings acquires full title to the unit and an undivided interest in the common elements (the land, roof, elevator, etc.)
Webster's New World
The territory so ruled.
Webster's New World
Such a unit, or such a building or complex.
Webster's New World

An individual residential or commercial unit in a multi-unit building wherein each unit’s owner also owns the common areas, such as the hallways and elevators, as a tenant in common with the other units’ owners. See also cooperative.

Webster's New World Law
Synonyms:
  • condo
  • townhouse complex
  • jointly owned dwelling
  • cooperative apartment dwelling
  • commonly owned apartment house
  • co-op

Other Word Forms of Condominium

Noun

Singular:
condominium
Plural:
condominiums

Origin of Condominium

  • con- Latin dominium dominion, ownership domain

    From American Heritage Dictionary of the English Language, 5th Edition

  • From Latin condominium.

    From Wiktionary

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