noun a building or complex of buildings containing a number of individually owned apartments or houses
Consideration of condominium developments in city planning and zoning regulations.
A type of property ownership where individuals own their individual units and jointly own the common areas of the building.
Laws governing condominium ownership, rights, and responsibilities of unit owners.
Construction and design considerations for condominium buildings.
Mortgages and loans specific to condominium purchases.
Condominiums used as vacation rentals or part of a resort property.
Insurance coverage specific to condominium units and common areas.
Management of condominium complexes including maintenance, repairs, and financial management.
A real estate agent may specialize in selling condominiums, helping clients navigate the process of purchasing a unit in a condominium complex.
A property manager may oversee the day-to-day operations of a condominium complex, including maintenance, repairs, and tenant relations.
A real estate developer may be involved in the construction and marketing of condominium projects, determining the layout, amenities, and pricing of units.
A lawyer specializing in real estate law may assist clients with legal matters related to condominium ownership, such as drafting purchase agreements or resolving disputes with homeowners' associations.