👉 A condominium is a type of building in which a single unit, usually one or two units, is owned by a group of people who share common ownership and living space. Unlike apartments, where each apartment has its own entrance, a condominium typically shares an entrance with other units. In a condominium, the owners have the right to use the common areas (such as swimming pools, gyms, and communal kitchens) but are responsible for maintaining them. This includes paying property taxes on their portion of the