Definition : Condominium (condo)

A Common Law word commonly used to define two notions. The condominium, in the real-estate field, refers, in the first instance, to the entire immovable in co-ownership, and not only to one of the apartments therein. The “condo”, on the other hand, refers to one apartment situated in an immovable in co-ownership.

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  We often hear the words "condo", "condo fees", "purchase and sale of a condo" and "". Question:  What is the origin of the word “condo” and what does it really mean?
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