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Condominium

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Condominium: A Condominium, More Commonly Known As A Condo, Is A Property Complex Typically With Single Level Units That Are Individual Owned. The Important Difference Between A Condo And A Townhouse Is That A Condo Owner Owns The Air Space Inside Their Condo, Sharing An Ownership Interest In The Community Property, Such As The Floor, Walls, Sidewalks, Stairwells, And Exterior Areas. They Will Also Be Part Of An HOA.

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