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what does condo mean

My parents moved to a 65 and older condo community in town a few years. in which everybody truly does know your name. What.

Buying a Condo: What Property Will You Actually Own?. Just what the above terms mean depends on the details in the documents governing the condominium project, namely, the condominium map (sometimes called a condominium plan) and the Covenants, Conditions, Restrictions and Easements (CC&R’s.

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Both of these descriptions are mostly true, but there’s a lot more to the condo meaning and the condos vs. apartments debate, especially if you’re trying to decide where you should live.

Do you want a stand-alone home or a condo? What kind of community do you want to live in. An important consideration when.

A new "luxury" apartment building with amenities meant to appeal to young urban professionals and dinks, like party rooms and gyms. Used without any concern for ownership structure. Condos can be on golf courses, beaches, greenbelts, etc. A penthouse is the king of condos.

Unlike a condo, co-ops are are owned by a corporation.. Seeing that everyone owns shares in the building, the community as a whole is more concerned with who the building does or does not allow.

Covenants, conditions, and restrictions are often placed upon homeowners in planned unit developments and even some established neighborhoods.Known as CC&Rs, they can be imposed by builders, developers, neighborhood associations, or homeowner associations.

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A condominium, often shortened to. Latin American nations often use the term propiedad horizontal, literally meaning "horizontal property" but abstractly meaning that all owners of the property have equal interest.. This section does not cite any sources.

MG: What does luxury mean to you? KA: I’ve just come back from the Four Seasons. The affluence in Latin America is starting to make for residential condos combined with hotels. There’s a lot of.

A condominium fee is paid by all property owners of a condominium complex to cover ongoing maintenance costs. The fee is often based on the size of the condo unit and anticipated annual expenses.

Does that mean a life of nonstop yoga and meditation while eating only. or resistance,” Tandon said as the rain crashed down outside her Rittenhouse Square condo last week. You get there, Tandon.

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