CONDO BASICS (1)
A condo is a housing facility wherein a particular individual owns a part of the whole building (usually an apartment), and still has access to communal facilities such as the hallways, the heating systems, the outside areas such as the parking spaces and yards, and the elevators. Condo units are known by a variety of names, such as a strata title in Australia and British Columbia; syndicate of co-ownership in Quebec; and the commonhold in England and Wales. Whatever it’s called in different places, condo units are most well know by the term apartments, and the word is used by the majority of people referring to this type of housing.