Sunday, June 04, 2006

definitions:

con·do
n. pl. con·dos Informal

- A structure of two or more units, the interior space of which are individually owned; the balance of the property is owned in common by the owners of the individual units.

- A type of ownership in real property where all of the owners own the property, common areas and buildings together, with the exception of the interior of the unit to which they have title. Often mistakenly referred to as a type of construction or development, it actually refers to the type of ownership.

- A form of ownership in which the owner gets title to a housing unit and interest in the common areas; commonly referred to as a condo.

I don't see the words "exercise room", "concierge", "pool", or "spa" in there anywhere. :P

3 comments:

Anonymous said...

:P:P:P


*SIGH* FIIIIIIIINE....

then U tell ME what an apartment is Mr. Smartypants.

Pete said...

Okey dokey then...!

a·part·ment
noun

One or more rooms of a building used as a place to live, in a building containing at least one other unit used for the same purpose. Usually has, at least cooking facilities, a bathroom and a place to sleep. Those who live in these units pay rent for their use usually on a monthly basis.

That would make what I live in now an apartment, and what I'm looking at a Condo Apartment, n'est pas? :D

Or, "Condo" for short. :)

Anonymous said...
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