condominium

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Condominium

In the United States and most of Canada, a piece of housing property attached to other properties, each individually owned, but with co-ownership of all common areas. This is usually associated with an apartment building in which residents own their apartments, but collectively (acting through a homeowners' association) own things like elevators, electric wiring, the outside of the buildings or the courtyards. In the event of an accident, liability is often apportioned according to where the accident occurred. For example, if a pipe bursts in a condominium and ruins the floors, its owner is responsible. However, if a pipe bursts in a condominium and ruins a neighboring unit's floors, liability rests with the homeowner's association. It is informally called a condo.

condominium

A system of ownership in a multiunit development allowing individual ownership of some areas and common ownership of all other areas.The identifying feature is the legality that common areas (entrance, hallways, elevators, swimming pool, parking, etc.) are owned by all members of the community in common with each other, rather than being owned by a separate corporation or association. Residential condominium projects may be multistory apartment-style residences or may resemble traditional detached housing or garden home communities.

References in periodicals archive ?
En la etapa de promocion, los dirigentes en coordinacion con la empresa consultora y Sedapal explicaron a la poblacion los alcances del proyecto condominial para dotarles de agua y alcantarillado firmando un acta de compromiso con la participacion del 80% de la poblacion.
VII, da Lei Federal no 6.766/1979), pugnam pela contribuicao obrigatoria de todos os moradores do loteamento, como se se tratasse de uma obrigacao propter rem no ambito de uma relacao condominial. Nas palavras de Nelson Kojranski, "a gestao administrativa do loteamento reclama a organizacao de um comando, que se apresente perante os moradores com alguma boa dose de legitimidade.
Em 2015 o Superior Tribunal de Justica definiu a responsabilidade pela contribuicao condominial incidente durante vigencia de compromisso de compra e venda de unidade.
This component will focus on full-scale pilot activities in Douala, the largest city in Cameroon, that integrate support for hygiene promotion and sanitation marketing with construction of latrines, condominial sewerage, and sludge treatment plants.
Evidentemente, esses moradores tem de seguir as regras do condominio, entretanto, no que concerne fazer funcionar a logica do poder condominial da forma como esta escrito no Regimento Interno, eles tem trocado um pouco as funcoes, definindo outros pontos de apoio e outras estrategias de luta.
Implantado o loteamento, por qualquer de suas modalidades, as areas publicas integram-se ao patrimonio publico e nao subsiste nenhuma relacao juridica de natureza condominial entre os proprietarios dos lotes (PAIVA.
The main objective of the component is to increase access to sewerage and condominial networks in peri-urban areas of Dakar by completing works contemplated under the Long Term Water Sector Project.
(...) Da mesma maneira, serao necessarios ajustes na legislacao federal concernente aos deveres e obrigacoes resultantes da propriedade condominial a fim de adapta-la a realidade social deste segmento social especifico.