condominium

(kon-d[schwa]-min-ee-[schwa]m).1. Ownership in common with others. 2. A single real-estate unit in a multi-unit development in which a person has both separate ownership of a unit and a common interest, along with the development’s other owners, in the common areas. Pl. (for sense 2) condominiums Cf. COOPERATIVE(2). [Cases: Condominium 1. C.J.S. Estates §§ 193–195, 200, 203.]

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词条贡献者

双语律师郭敏，国际知名商学院金融专业，擅长翻译各类与金融衍生品与结构化产品相关的法律文件。