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Condominium
(1) A form of ownership less than the whole. (2) The fee ownership of separate portions of multi-storied buildings by statute which provides the mechanism and facilities for formal filing and recordation of a divided interest in real property, where the division is vertical as well as horizontal. (3) A building held in condominium.
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- Part of Speech: noun
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- Industry/Domain: Earth science
- Category: Mapping science
- Company: American Congress on Surveying & Mapping
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