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A condominium building in Bethesda, Maryland. Multifamily residential, also known as multidwelling unit (MDU)) is a classification of housing where multiple separate housing units for residential inhabitants are contained within one building or several buildings within one complex. [1] Units can be next to each other (side-by-side units), or ...
t. e. A condominium (or condo for short) is an ownership regime in which a building (or group of buildings) is divided into multiple units that are either each separately owned, or owned in common with exclusive rights of occupation by individual owners. These individual units are surrounded by common areas that are jointly owned and managed by ...
Townhouse. A townhouse, townhome, town house, or town home, is a type of terraced housing. A modern townhouse is often one with a small footprint on multiple floors. In a different British usage, the term originally referred to any type of city residence (normally in London) of someone whose main or largest residence was a country house.
In the U.S. most medium-density or middle-sized housing was built between the 1870s and 1940s [10] due to the need to provide denser housing near jobs. Examples include the streetcar suburbs of Boston which included more two-family and triple-decker homes than single-family homes, [10] or areas like Brooklyn, Baltimore, Washington D.C. or Philadelphia [10] which feature an abundance of row-houses.
According to the Condominium Act, Section 718.106, Fla. Stat., "when a unit is leased, a tenant shall have all use rights in the association property and those common elements otherwise readily ...
It is understood in a lease or contract that they will share space with these different vendors. With apartments, there are two different types of common areas a developer can have. One would be under contract and the other would be under lease. Apartments that rent by the unit (i.e. conventional housing) are signed for by one individual.