HomeTermsCompareFinance CondominiumThe definition for Condominium:A structure of two or more units, the interior space of which are individually owned: the balance of the property (both land and building) is owned in common by the owners of the individual units. The size of each unit is measured from the interior surfaces (exclusive of paint or other finishes) of the exterior walls, floors, and ceiling. The balance of the property is called the common area. Click to compare definitions of Condominium Click to view definitions beginning co |