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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.
A condo is a single, individually-owned housing unit in a multi-unit building. The condominium owner holds sole title to the unit, but owns land and common property (elevators, halls, roof, stairs, etc.) A cottage is a small simple house, typically one near a lake or beach.