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condominial

Condominial is an adjective related to a condominium or to a condominium-based form of property ownership. In property law, a condominium regime is one in which individuals own a private unit within a multi‑unit building or development and share ownership of common areas, such as lobbies, corridors, recreational facilities, and surrounding land, through a system of common ownership or homeowners association. Each unit is separately titled, while the common property is held collectively by all owners and managed by a condominium association or similar corporate entity. The association sets rules, collects fees, and enforces by‑laws; owners typically have voting rights and may participate in decision‑making through the governing body.

In planning and housing policy, condominial designs or condominialidad describe approaches that organize neighborhoods around shared

Benefits and challenges: condominial schemes can lower infrastructure costs and increase security, but require effective governance,

spaces
and
services,
with
compact
blocks
and
accessible
common
facilities
embedded
in
the
street
pattern.
The
aim
is
to
reduce
construction
and
service
costs,
promote
social
interaction,
and
provide
affordable
housing.
This
use
of
the
term
is
more
common
in
Latin
American
planning
literature
and
may
be
translated
differently
in
various
languages;
in
English,
condominium
is
the
more
common
legal
term,
while
condominial
may
appear
in
descriptive
or
historical
contexts.
transparent
management,
adequate
reserves,
and
conflict‑resolution
mechanisms.
The
term’s
usage
varies
by
country,
and
readers
should
distinguish
between
the
legal
regime
(condominium)
and
planning
or
design
concepts
associated
with
the
term
condominial.