A condominium, commonly referred to as a condo, combines elements of individual ownership and shared community living. In a condominium, individual units within a larger building or complex are owned by private individuals or families. These units can range from apartments and townhouses to detached homes, and they are typically part of a larger development managed by a condominium board.
Condos offer a housing option that combines the advantages of homeownership with the convenience and shared amenities of communal living. The appeal of condos often lies in the balance between individual space and community engagement, making them a popular choice for a diverse range of homeowners.
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