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Condominiums in Alhambra, CA
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Helpful Definition for: Condominiums
A condominium, or condo, in Alhambra is the form of housing tenure and other real property where a specified part of a piece of real estate (usually of an apartment house) is individually owned while use of, and access to, common facilities in the piece such as hallways, heating system, elevators, exterior areas, is executed under legal rights associated with the individual ownership and controlled by the association of owners that jointly represent ownership of the whole piece. So it may be simply defined as an apartment that the resident 'owns' as opposed to rents.
Recent Business News for: Condominiums
SF's diverse real estate frenzy expected to last - San Francisco Chronicle
SF's diverse real estate frenzy expected to lastSan Francisco ChronicleIn February, Prado Group, a San Francisco real estate development and asset management company, acquired the University of the Pacific's Arthur A. Dugoni School of Dentistry building on Post Street and is converting it to market-rate apartments.and more »
