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2. Common area - Wikipedia

   en.wikipedia.org/wiki/Common_area

   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]

3. 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 ...

4. List of condominiums in the United States - Wikipedia

   en.wikipedia.org/wiki/List_of_condominiums_in...

   A condominium or "condo" is a form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned. Use of land access to common facilities in the piece such as hallways, heating system, elevators, and exterior areas are executed under legal rights associated with ...

5. Are high prices keeping you from achieving homeownership ...

   www.aol.com/finance/pro-tips-buy-condo-2024...

   Condo owners also pay for their own property taxes and utilities. Shared areas of condos are usually managed by a condo association, which is a type of homeowners association. It typically acts as ...

6. Condominium - Wikipedia

   en.wikipedia.org/wiki/Condominium

   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 ...

7. Cohousing - Wikipedia

   en.wikipedia.org/wiki/Cohousing

   Most cohousing communities in the U.S. currently rely on one of two existing legal forms of real estate ownership: individually titled houses with common areas owned by a homeowner association (condominiums) or a housing cooperative. Condo ownership is most common because it fits many financial institutions' and cities' models for multi-unit ...