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Real Estate Ownership - Condominium or Fee Simple

Real Estate Ownership

Generally, apartment-style buildings are called condos, two-story row houses are known as town homes, and free-standing homes on small lots are referred to as garden homes. Unfortunately, this description creates some confusion about real estate ownership. Apartment, town home, and garden home describe the design or construction of certain homes. The word "condominium" does not refer to a the layout or style of a building. Condominium is a form of ownership of real estate. The form of ownership of real estate cannot be recognized by observing the building design.

Condominium Regime

The legal definition of condominium is: the absolute ownership of a unit based on a legal description of the airspace the unit actually occupies, plus an undivided

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Author Spotlight

Michael Hadfield

Michael Hadfield Michael J. Hadfield is 54 years old, born in Liverpool, England. In 1996, after many years spent in the computer industry, he developed an interest in psychology and trained as a clinical hypnotherapist and has since helped many people to live a normal life again after struggling with psychological problems such as phobias, stress, chronic anxiety, over-eating, smoking, stammering, shyness, low self-esteem and lack of confidence. Michael also has a well-developed interest in spirituality. This interest led to a connection with an 'inner wisdom' or intuitive sense that has helped and guided him on many occasions and is especially attuned to the needs of clients for therapy. On the 'fun' side of life Michael has a passion for photography and gardening and a small selection of his photographs can be seen on the pages of his website. He was a regular 'ornamentals' contributor, of both words and pictures, to Organic Gardening magazine for many years, with several of his photographs appearing on the cover of this magazine. His work has also appeared in Amateur Gardening, North West Gardener, and Practical Photography magazines. He continues to explore his interest in health, healing, and the mind/body connection, with a particular fascination for the psychological causes of physical illness as well as the use of Pyschoneuroimmunological techniques for the healing of physical diseases such as cancer.

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