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Condominium |
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Condominium A large property complex that is divided into individual units and sold. Ownership usually includes a non-exclusive interest in certain "common properties" controlled by the condominium management. Notes: Condominium management is usually made up of a board of unit owners who see to the day to day operation of the complex (lawn maintenance, snow removal, etc).See also: Bungalow |
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Toll Brothers City Living and Halstead Property, LLC unveiled the on-site sales center and model apartment for North8 Condominiums in Williamsburg, Brooklyn at 199 Bedford Avenue. Just a few years ago, you couldn't pay most developers to build condominiums in the San Fernando Valley. This new legislation is very important because it affects the buyers and sellers of the more than 40 per cent of new housing starts in the Province that are condominiums," Sterling stated in a press release. |
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condominiums
