Condominium, also commonly known as condos are a form of housing where individuals buy a piece of real estate like in the case of apartment and share the common facilities with other individual owners like, elevator, hallways, heating system, etc. this right over the shared facilities is executed under the legal rights allied with individual tenure. These rights are regulated by the association of owners jointly owning that complete piece of real estate. Buying a condo can prove to be a good investment and also condos are a more reasonable options for those looking for a home than a bungalow or big apartments.
