Blog by Jeffrey Sefton

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What Is a Condominium?

A “condominium” refers to a form of legal ownership, as opposed to a style of construction. Condominiums are most often thought of as high-rise residential buildings,but this form of ownership can also apply to townhouse complexes. , individual houses and low-rise residential buildings. Condominiums are also known as strata in British Columbia.

from CMHC Condominium Buyers Guide