Condominium definition
Joint sovereignty, especially joint rule of territory by two or more nations, or a plan to achieve it.
noun
A building or complex in which units of property, such as apartments, are owned by individuals and common parts of the property, such as the grounds and building structure, are owned jointly by the unit owners.
noun
A unit in such a complex.
noun
A politically dependent territory.
noun
Joint rule by two or more states.
noun
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The territory so ruled.
noun
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.)
noun
Such a unit, or such a building or complex.
noun
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.
noun
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A region or territory under such rule.
noun
Other Word Forms
Noun
Singular:
condominium
Plural:
condominiums