Seller agrees to sell and the buyer agrees to buy a condominium unit under the terms and conditions of the contract. Other provisions of the agreement include: closing costs, deposits, insurance and proration.
Condominium Meaning In Real Estate In Collin
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What is another word for condo? iniumhouse timeshare co-op apartment block apartment house condo building duplex block apartments4 more rows
Inium | Business English an individual apartment in such a building: Search our website to find new condos for sale.
In England and Wales, one of the equivalent legal structures of a inium is commonhold, a form of ownership introduced in September 2004. As of 3 June 2009, there were 12 commonhold residential developments comprising 97 units in England and one commonhold residential development, comprising 30 units, in Wales.
An apartment building in which each apartment is owned separately by the people living in it, but also containing shared areas.
Synonyms: condo. abode, domicile, dwelling, dwelling house, habitation, home. housing that someone is living in.
Apartment co-op condo townhouse. Weak match. timeshare.
A inium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners.
For example, a garden inium complex consists of low-rise buildings built with landscaped grounds surrounding them. A townhouse inium complex consists of multi-floor semi-detached homes.