Definitions

1. noun

A building or complex in which individual units are owned by the residents and shared expenses are paid by all, often with common facilities.

“She bought a condominium unit with a beautiful view of the city.”

2. noun

A residential or commercial building in which units are owned by the residents, with shared ownership of common areas such as gardens or lobbies.

“The condominium has a large garden where residents can relax.”

3. noun

A type of housing in which residents own their units and have shared rights and responsibilities for common areas.

“The condominium association is responsible for maintaining the building’s exterior.”