A condo, or condo, is the shape of real estate tenure as well as other actual residence wherein a specified part of a sheet of real-estate (typically of any apartment residence) is separately owned or operated. Utilization of territory usage of typical amenities inside the part such as hallways, heating system, elevators, and outside regions are carried out less than legitimate privileges of the individual ownership. These proper rights are managed from the association of managers that mutually stand for acquisition from the whole bit. High Park Residences Condo "Condominium" can be a lawful saying used in the states as well as in most provinces of Canada. Within Australia, New Zealand, and also the Canadian province of Bc, it is called "strata headline". In Quebec, the phrase "divided co-residence" (French: copropriété divisée) is used, although the colloquial name remains "condominium". In France, the equal is known as copropriété (co-acquisition), normally managed with the syndic. In Italy the equal phrase is "Condominio" (unsurprisingly, as "Condo" arises from Latin). In Hispanic regions, the traditional phrase propiedad horizontal is retained considering that horizon in such a case suggests "defined". In To the south Africa, this kind of possession is known as "sectional label