What is a condominium?
A condominium is individually owned housing within a building or community with shared common areas.
Why it matters
You own your unit and share ownership of halls, roofs, and amenities with others.
Common confusion
A condo is owned; a co-op is shares in a corporation that owns the building.
Frequently Asked Questions
What are condo fees?
Monthly dues that cover common-area upkeep and reserves.
Am I responsible for the roof?
No — the association maintains common elements like roofs.
Can the HOA tell me what to do inside?
Generally only where it affects common areas or the governing docs.