Investopedia

Continue to Site »

Condominium

Filed Under »
Dictionary Says

Definition of 'Condominium'

A large property complex that is divided into individual units and sold. Ownership usually includes a non-exclusive interest in certain "common properties" controlled by the condominium management.
Investopedia Says

Investopedia explains 'Condominium'

Condominium management is usually made up of a board of unit owners who see to the day to day operation of the complex (lawn maintenance, snow removal, etc).

Articles Of Interest

  1.

    In Retirement, Snowbirds Leave Cold Weather Behind

    Rather than shivering away their golden years, retirees can fly south to winter in sunny locales.

  2. Tips For The Prospective Landlord

    Investing in rental property can generate serious income, but there's more to it than collecting rent.

  3. Top Tips For First-Time Home Buyers

    Follow this step-by-step guide to make your homeownership dreams a reality.

  4. An Introduction To Buying A Condominium

    This real estate investment provides unique advantages - and challenges.

  5. Housing Cooperatives: A Unique Type Of Home Ownership

    Co-ops are often less expensive than apartments and provide some unique benefits and drawbacks for owners.

  6. 9 Things You Need To Know About Homeowners' Associations

    Restrictive rules and high fees are just some of the things to watch out for before joining an HOA.

  7. Timeshares: Dream Vacation Or Money Pit?

    This popular real estate product has its advantages, but don't expect to make a profit.

  8. Does Condo Life Suit You?

    Association fees and disputes with neighbors could spoil your move if you're unprepared.

  9. 20 Investments You Should Know

    To take advantage of all your investing options, you need to know what your choices are. Here we tell you about the diverse features and advantages of 20 different financial instruments.

  10. 3 Scenarios Where Downsizing Your Home Is Smart

    Downsizing your home can be a great step towards less financial stress, and leave you more time for family and travel
comments powered by Disqus
Marketplace
Hot Definitions

  1. Glocalization

    A combination of the words "globalization" and "localization" used to describe a product or service that is developed and distributed globally, but is also fashioned to accommodate the user or consumer in a local market.

  2. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  3. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  4. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  5. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  6. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.
Trading Center
Array ( )
taggroups(for debug only):
Array ( [0] => Real Estate and Mortgages [1] => SEG (Real Estate Shoppers) ) time:15ms