Condominium status and fee

{
  "id": "MLC-T-ECS-000354",
  "term": "Condominium status and fee",
  "field": "Economic statistics",
  "definition": "A type of ownership that enables a person to own an apartment or house in a development of similarly owned units and to hold a common or joint ownership of some or all of the common areas and facilities such as land, roof, hallways, entrances, elevators, swimming pool, etc. Condominiums may be single-family houses as well as units in apartment buildings.",
  "references": [
    "U.S. Census Bureau Glossary"
  ],
  "url": "https://mlchart.com/terminology/economic-statistics/condominium-status-and-fee/"
}