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Condominium: meaning, definitions and examples

๐Ÿข
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condominium

 

[ หŒkษ’ndษ™หˆmษชnษชษ™m ]

Noun
Homes
Context #1 | Noun

real estate

A condominium, often referred to as a condo, is a type of residential property that is owned individually but shares common areas with other owners. Condominiums are typically part of a larger building or community, featuring amenities such as swimming pools, gyms, and shared outdoor spaces. The unit ownership extends to the interior of the residential space, while the land and common areas are managed by an association. This form of living allows residents to enjoy homeownership along with the benefits of communal facilities and maintenance. Condominiums are popular in urban settings where space is at a premium.

Synonyms

apartment, flat, unit.

Examples of usage

  • She purchased a condominium near the beach.
  • This condominium complex offers a variety of amenities.
  • Living in a condominium can reduce maintenance responsibilities.
  • They decided to sell their house and move into a condominium.
  • The condominium association holds monthly meetings.

Translations

Translations of the word "condominium" in other languages:

๐Ÿ‡ต๐Ÿ‡น condomรญnio

๐Ÿ‡ฎ๐Ÿ‡ณ เค•เค‚เคกเฅ‹เคฎเคฟเคจเคฟเคฏเคฎ

๐Ÿ‡ฉ๐Ÿ‡ช Wohnanlage

๐Ÿ‡ฎ๐Ÿ‡ฉ kondominium

๐Ÿ‡บ๐Ÿ‡ฆ ะบะพะฝะดะพะผั–ะฝั–ัƒะผ

๐Ÿ‡ต๐Ÿ‡ฑ kondominium

๐Ÿ‡ฏ๐Ÿ‡ต ใ‚ณใƒณใƒ‰ใƒŸใƒ‹ใ‚ขใƒ 

๐Ÿ‡ซ๐Ÿ‡ท condominium

๐Ÿ‡ช๐Ÿ‡ธ condominio

๐Ÿ‡น๐Ÿ‡ท kat mรผlki

๐Ÿ‡ฐ๐Ÿ‡ท ์ฝ˜๋„๋ฏธ๋‹ˆ์—„

๐Ÿ‡ธ๐Ÿ‡ฆ ุดู‚ุฉ ู…ู…ู„ูˆูƒุฉ

๐Ÿ‡จ๐Ÿ‡ฟ kondominium

๐Ÿ‡ธ๐Ÿ‡ฐ kondomรญnium

๐Ÿ‡จ๐Ÿ‡ณ ๅ…ฌๅฏ“

๐Ÿ‡ธ๐Ÿ‡ฎ kondominij

๐Ÿ‡ฎ๐Ÿ‡ธ sameign

๐Ÿ‡ฐ๐Ÿ‡ฟ ะบะพะฝะดะพะผะธะฝะธัƒะผ

๐Ÿ‡ฌ๐Ÿ‡ช แƒ™แƒแƒœแƒ“แƒแƒ›แƒ˜แƒœแƒ˜แƒฃแƒ›แƒ˜

๐Ÿ‡ฆ๐Ÿ‡ฟ kondominium

๐Ÿ‡ฒ๐Ÿ‡ฝ condominio

Etymology

The word 'condominium' is derived from the Latin terms 'condominus,' which means 'joint control' or 'joint ownership.' It combines 'con-' (together) and 'dominium' (ownership). The term began to take on its modern meaning in the 19th century as urban living spaces began to evolve and the concept of shared ownership became popular. Initially used to refer to properties in which individuals shared ownership rights to common areas, the term has since become a standard designation in the real estate industry, particularly in North America. The rise of condominium development witnessed a boom during the mid-20th century, correlating with population growth and urbanization trends, leading to its widespread adoption in housing markets.

Word Frequency Rank

With rank #17,248, this word belongs to specialized vocabulary. While not common in everyday speech, it enriches your ability to express complex ideas.