Common Areas

Leasehold or Freehold?

Purchasing the condominium is the easiest and simplest and well known that transaction. A Condominium is formed by  a group of apartments and common areas which have obtained a condominium license. A Condominium (first established under the condominium act of 1979) is a title to a part of a building or buildings with multiple owners and a fractional interest in the land and other common assets (such...

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