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Condominiums in Cumberland, RI

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Business Listing   Dasilva Realty - Cumberland, RI - Phone: (401) 333-8600


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Helpful Definition for: Condominiums


A condominium, or condo, in Cumberland 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

Tornado victims sue city of Springfield for premature demolition - MassLive.com

MassLive.comTornado victims sue city of Springfield for premature demolitionMassLive.comBy Stephanie Barry, The Republican 06.08.2011 | The Republican file photo by MICHAEL GORDON | SPRINGFIELD – Madeline R. Zorzi, owner of South Commons Condominium Association at 959-991 Main St. in the South End, walks by her properties now being ...and more »