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
Other Word Forms of Condominium
Noun
Singular:
condominium
Plural:
condominiumsRelated Articles
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