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A condo, brief for residence, is a type of housing arrangement where individuals own their private systems within a much larger structure or complicated. Unlike traditional houses, where the house owner possesses both the dwelling as well as the property it remains on, condominium proprietors simply possess their particular device as well as reveal possession and obligation for common locations and services with other individuals. Usual areas may feature factors like hallways, lifts, vehicle parking lots, and also entertainment centers like swimming pools or health clubs. Look at this site to find out additional hints on condominium.