The description or history of the name found in the Dictionary of American Family Names (Surnames) or Dictionary of First Names (Given Names). Â©2014, Oxford University Press. See 'Methodology' for more information.
Real Estate Condominiums Law and Legal Definition. A condominium is a title to a unit of real property which is ownership in the airspace which an apartment, office or store occupies.
What is 'Condominium Fee' A maintenance fee charged by a condominium complex to cover the cost of repairs, landscaping, concierges, or amenities such as a gym or a pool. The condominium fee can be pegged to the size of the unit and what the development expects its expenses to be for the year. A maintenance fee charged by a condominium complex to cover the cost of repairs, landscaping, concierges, or amenities such as a gym or a pool.