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.
Commercial condominiums include retail, office and industrial properties. A portion (unit) of a larger building can be purchased from the owner/developer of the building, either for owner use or as an investment property to be leased to others.Commercial condominium units typically range in size from 1,000 to 10,000 square feet.Normally properties of this size are only available on a rental basis by institutional landlords. The owner of the condominium unit holds title to the premises and has full control over any and all elements within the unit. portion (unit) of a larger building can be purchased from the owner/developer of the building, either for owner use or as an investment property to be leased to others. Commercial condominium units typically range in size from 1,000 to 10,000 square feet.