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A condominium (plural either condominia, as in Latin, or condominiums) in international law is a territory (such as a border area or a state) in or over which multiple sovereign powers formally agree to share equal dominium (in the sense of sovereignty) and exercise their rights jointly, without dividing it into "national" zones.
Condominiums in Hungary are traded and mortgaged on the same market as any free-standing single-family home (Hungarian: kertesház; "garden-house"), and are treated much like other forms of real estate. The condominium acts as a non-profit legal entity maintaining the common areas of the property, and is managed by a representative (Hungarian ...
Condominiums were first introduced to Alberta in 1967 with the development of Brentwood Village, a townhouse complex in Edmonton, Alberta. Condominiums in Alberta are regulated by the Condominium Property Act (Chapter 22, RSA 2000) which is supplemented by the Condominium Property Regulation (AR 168/2000). It was most recently reported that ...
Gov. Ron DeSantis on Friday quietly signed a controversial condominium bill into law that unit owners are already ... a real estate attorney and consultant for Hotel Carillon in the Miami Beach ...
States vary in how they tax common areas, for real estate tax purposes. It may depend on whether it is a condo or a co-op. For example, the state of Arizona taxes "residential common areas" in housing developments with a flat tax, but common areas of condominiums and golf courses are assessed separately. [18]
Mother-in-law apartment: small apartment either at the back, in the basement, or on an upper level subdivision of the main house, usually with a separate entrance (also known as a "Granny flat" in the UK, Australia New Zealand and South Africa). If it is a separate structure from the main house, it is called a 'granny cottage' or a 'doddy house'.
The condop is a type of condominium building, not a distinct legal construct. A condop, a portmanteau of the words condominium and cooperative (or "co-op"), is a co-op inside a condo. [3] Stepping back, condominium owners actually hold title to a piece of real estate. Co-op owners are actually shareholder-tenants with shares in and a long-term ...
Legal scholars and practitioners generally discuss laws that affect housing within the context of real property, landlord–tenant law, mortgage law, laws that forbid housing discrimination, laws that attempt to preserve affordable housing, etc.