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A condominium, quick for residence, is a type of property arrangement where people have their private units within a much larger structure or even complex. Unlike conventional residences, where the property owner owns both the home as well as the property it rests on, condo owners just own their certain system as well as portion possession and also accountability for common places as well as amenities along with various other citizens. Typical places may include things like hallways, lifts, auto parking properties, as well as recreational resources like pools or even gyms. Click over here to discover an article source on condominium.