condo
Deeded dwelling unit
A condo is a housing unit in a building or complex where each unit is individually owned, while common areas are shared.
Short for condominium.
The term emphasizes the ownership structure rather than the physical building: They bought a condo downtown.
Condos typically come with association fees and rules governing the property.
Residential community organization
- homeownersProperty-possessing residents
- associationGroup with shared aim
- duesRegular membership payments
- feesCosts for services
assessment · bylaws · deed · equity · title · mortgage · closing · buyer
Top-floor luxury apartment
- high-endPremium quality tier
- upscaleElegant and expensive
- waterfrontLand beside navigable waters
- skylineUrban profile against atmosphere
views · doorman · valet · spa · gated · amenities · marble · designer
Multistory urban building
- towerTall slender edifice
- complexHaving many interconnected parts
- unitIndividual part or measure
- floorIndoor walking surface
lobby · elevator · balcony · parking · garage · hallway · corridor · rooftop
HOA
Residential community organization
- homeownersProperty-possessing residents
- associationGroup with shared aim
- duesRegular membership payments
fees · assessment · bylaws · deed · equity · title · mortgage · closing · buyer · seller
penthouse
Top-floor luxury apartment
- high-endPremium quality tier
- upscaleElegant and expensive
- waterfrontLand beside navigable waters
skyline · views · doorman · valet · spa · gated · amenities · marble · designer · exclusive
highrise
Multistory urban building
floor · lobby · elevator · balcony · parking · garage · hallway · corridor · rooftop · courtyard
appreciation
Recognition of worth
ROI · yield · asset · portfolio · capital · market · landlord · tenant · lease · cashflow
neighbors
Those dwelling nearby
rules · shared · noise · dispute · coexistence · potluck · socialize · neighborhood
- housingapartments, home, house, houses, homes
- housing marketstarter home, first home, fixer-upper, flat, apartment
- real estatehouse, home, apartment, property, sale
- apartmentsapartment, studio, flat, triplex, loft
- high-riseshigh-rise, highrise, elevator, balconies, floor number
- house typescabin, bungalow, chalet, farmhouse, ranch house
condorental
Paid temporary use
apartment · public housing · subsidized housing · council flat · housing project
condodetached house
Residence sharing no walls
single-family home · estate · farmhouse · ranch house · manor
- condo feesShared building expense charges
- condo boardCommittee governing shared housing
- cat condoTiered feline furniture
- luxury condoLavish owned apartment unit
- condo associationUnit owners' governing body
- beach condoOwned seaside apartment unit