This refers to a form of real estate in which each suite is individually owned, typically by the tenant of the space. In the U.S., condominiums are often used for residential purposes; however, some commercial condominiums do exist. In that case, it is a mixed-use building wherein the ground floor is composed of retail stores or suites for a medical office.
Condominium
This refers to a form of real estate in which each suite is individually owned, typically by the tenant of the space. In the U.S., condominiums are often used for residential purposes; however, some commercial condominiums do exist. In that case, it is a mixed-use building wherein the ground floor is composed of retail stores or suites for a medical office.
