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According to the State of Michigan's Condominium Buyer's Guide: The term site condominium is used to describe a condominium development with. single-family detached housing instead of two or more housing units in one structure.. Other states may have different definitions.
By James Kimmons. Updated July 21, 2016. Definition: A condominium is one of a group of housing units where each homeowner owns their individual unit space, and all the dwellings share ownership of areas of common use. The individual units normally share walls, but that isn't a requirement.