Quest For A
Condo
Welcome to our website where we keep you up to
date on what's happening in Australia and your quest to
find a condo.
From Wikipedia
A condominium, or condo, is the
form of housing tenure and other real property where a
specified part of a piece of real estate (usually of an
apartment house) is individually owned while use of and access
to common facilities in the piece such as hallways, heating
system, elevators, exterior areas is executed under legal
rights associated with the individual ownership and controlled
by the association of owners that jointly represent ownership
of the whole piece. Colloquially, the term is often used to
refer to the unit itself in place of the word "apartment". A
condominium may be simply defined as an "apartment" that the
resident "owns" as opposed to rents.
Condominium is the legal term used in the United
States and in most provinces of Canada. In
Australia and the Canadian province of British
Columbia it is referred to as strata title.
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