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Condominiums in Auburn, WA
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Helpful Definition for: Condominiums
A condominium, or condo, in Auburn 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
Three downtown towers to focus on rental units over condos - Vancouver Sun
Three downtown towers to focus on rental units over condosVancouver SunNegrin said the company decided three months ago to change from market condos to rentals. He said the new plan is "riskier," but that they're in it for the long term. "Prices for condos are extremely high and that's one of the reasons we went with this ...and more »
