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I own a condominium unit in SoHo.
It owns these floors outright as a condominium unit.
Q: I own a condominium unit that I rent to a tenant.
This one, a condominium unit, was an alcove studio, twice the size of most others they had seen.
"Residential property includes one-, two- and three-family houses, as well as a condominium unit or cooperative apartment," said Tracey Daniels, a Manhattan real estate lawyer.
"The state's Real Property Law provides a condominium board with the power to place a lien against a condominium unit to collect unpaid common charges," Mr. Bailey said.
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It is also necessary, Mr. Greenstein said, for individual shareholders to pay off their existing share loans and then obtain a mortgage on the condominium unit.
In most condominiums, however, Mr. Braverman said, the windows are considered to be a part of the condominium unit and their maintenance is usually the responsibility of the unit owner.
For instance, Mr. Brinker said, he sold a one-bedroom one-bath condominium unit in the Appalachian Hotel in November for $42,000 on a short sale.
In a condominium, however, unit owners actually own their apartments as real estate.
MGM is spending $7 billion to build the project, a miniature city bordering the Las Vegas Strip that will have 2,700 condominium units, a 4,000-room 4,000-roomonvention center and hotela million square feet of retail spaconvention
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