A condo, brief for residence, is actually a type of real estate agreement where individuals own their individual devices within a bigger property or facility. Unlike conventional houses, where the individual owns both the property as well as the land it sits on, condo unit managers just own their certain system and also allotment possession as well as responsibility for popular areas and also amenities along with various other homeowners. Usual places might consist of points like corridors, elevators, car park, and also entertainment facilities like pools or health and fitness centers. Click over here to find out a useful reference about condo.