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2. Concurrent estate - Wikipedia

   en.wikipedia.org/wiki/Concurrent_estate

   Tenancy in common (TIC) is a form of concurrent estate in which each owner, referred to as a tenant in common, is regarded by the law as owning separate and distinct shares of the same property. By default, all co-owners own equal shares, but their interests may differ in size. [2]

3. Housing tenure - Wikipedia

   en.wikipedia.org/wiki/Housing_tenure

   Housing tenure is a financial arrangement and ownership structure under which someone has the right to live in a house or apartment. The most frequent forms are tenancy, in which rent is paid by the occupant to a landlord, and owner-occupancy, where the occupant owns their own home. Mixed forms of tenure are also possible.

4. Multifamily residential - Wikipedia

   en.wikipedia.org/wiki/Multifamily_residential

   Condominium: a form of ownership with individual apartments for everyone, and co-ownership (by percentages) of all of the common areas, such as corridors, hallways, stairways, lobbies, recreation rooms, porches, rooftops, and any outdoor areas of the grounds of the buildings. Townhouses and apartments which are owned in the condominium form of ...

5. Common area - Wikipedia

   en.wikipedia.org/wiki/Common_area

   Common areas often exist in apartments, gated communities, condominiums, cooperatives, and shopping malls. [6] In any situation where there is a tenancy in common, all the tenants in common collectively own the common areas, meaning that any one individual owner does not possess more control over the land than any other owner. [7]

6. Illinois Compiled Statutes - Wikipedia

   en.wikipedia.org/wiki/Illinois_Compiled_Statutes

   Illinois officially revised its laws in 1807, 1809–12, 1819, 1827–29, 1833, 1845, and 1874. [5] See also. Laws of Illinois — the official publication of the ...

7. What Are the Differences Between HOAs, Condo ... - AOL

   www.aol.com/finance/differences-between-hoas...

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