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 the owners of the units. The term can be applied to the building or complex itself, and is sometimes applied to individual units. The term "condominium" is mostly used in the US and Canada, but similar arrangements are used in many other countries under different names.
77-501: Hôtel particulier ( French: [otɛl paʁtikylje] ) is the French term for a grand urban mansion , comparable to a British townhouse . Whereas an ordinary maison (house) was built as part of a row, sharing party walls with the houses on either side and directly fronting on a street, an hôtel particulier was often free-standing and, by the 18th century, would always be located entre cour et jardin – between
154-574: A strata , and in Quebec , where they are referred to as syndicates of co-ownership . The townhouse complex of Brentwood Village in Edmonton , Alberta , was the first condominium development in Canada (registered in 1967). With regular condominiums, the unit owner usually owns the internal unit space and a share of the corporation; the corporation owns the exterior of the building land and common area; in
231-855: A "mansion house" (e.g., by the Revd. James Blair, Commissary in Virginia for the Bishop of London, 1689–1745, a term related to the word "manse" commonly used in the Church of Scotland and in Non-Conformist churches. H.G. Herklots, The Church of England and the American Episcopal Church). As the 16th century progressed and the Renaissance style slowly spread across Europe, the last vestiges of castle architecture and life changed;
308-488: A (single family) house. However, shares are not considered as real estate but as personal property and the co-op can take possession of the apartment for a term time and evict the tenant or owner because of disturbance or unpaid maintenance fees. Finnish housing cooperatives are incorporated as (non-profit) limited-liability companies ( Finnish : asunto- osakeyhtiö , Swedish : bostadsaktiebolag ), where one share usually represents one square meter (sometimes ten) of
385-560: A building to be classified as "Flats" is four, with a requirement for having at least one elevator or lift for buildings upwards of four floors. Almost all have a separate room called the "Drawing Room", used for guest entertainment purposes. However, its use as a TV room and dining room is common. Another unique feature is the balcony or "terrace", which is standard for all flats. In the Philippines, condominiums are classified into three types: low-rise, mid-rise, and high-rise. Condos have
462-542: A complex of residences, such as an apartment building, and a condominium is purely legal. There is no way to differentiate a condominium from any other residential building simply by looking at it or visiting it. What defines a condominium is the form of ownership. A building developed as a condominium (and sold in individual units to different owners ) could actually be built at another location as (for example) an apartment building (the developers would retain ownership and rent individual units to different tenants ). Where
539-496: A condominium is a collection of individual units and common areas along with the land upon which they sit. Individual home ownership within a condominium is construed as ownership of only the air space confining the boundaries of the home. The boundaries of that space are specified by a legal document known in the United States as a Declaration, filed on record with the local governing authority. These boundaries may extend to
616-401: A condominium is in essence an apartment building, as a practical matter, builders tend to build condominiums to higher quality standards than apartment complexes because of the differences between the rental and sale markets. They are typically slightly larger than apartments and are often constructed in a townhouse style in regions where single-family detached homes are common. Technically,
693-520: A countryside estate in the U.S. was demolished in 1980, along with its extensive gardens, to make way for suburban developments. In Paris, London or Rome , many large mansions and palazzi built or remodeled during the era still survive. Grand Federal style mansions designed by Samuel McIntire inhabit an area that, in 2012, is the largest collection of 17th- and 18th-century structures in the United States of America. This district in Salem, Massachusetts ,
770-478: A few censuses metropolitan areas according to Statistics Canada . Condominiums exist in most parts of Canada, though they are more common in larger cities. They are regulated under provincial or territorial legislation, and specific legal details vary from jurisdiction to jurisdiction. In most parts of Canada, they are referred to as condominiums, except in British Columbia , where they are referred to as
847-410: A founding document, which may variously be called a "Master Deed", "Enabling Declaration", "Declaration of Conditions", "Conditions, Covenants, and Restrictions (CC&Rs)", "Deed of Mutual Covenant" or simply a "Condominium Document". Among other things, this document can provide for the creation of a governing body or corporation, for example, a Homeowner's Association in the United States. Rules for
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#1732758192417924-765: A freehold owned by a corporation, itself owned by individual leaseholders. This provides an opportunity for them to participate in the proper management of the block. Again, the quality of management is very variable. The statute creating commonholds was motivated by a desire to eliminate some of the problems and perceived injustices, such as the commercial exploitation of lessees by freeholders as their leases began to have too little time left to satisfy lenders. Since most leasehold developments are undertaken by commercial entities, commonholds did not become widespread. There are, however, other statutes in place that give some degree of protection for leaseholders. It is, nevertheless, essential to consider proper legal advice whenever engaged in
1001-503: A function hall (named for Alexander Hamilton) and a church for the town's merchant class. McIntire also designed the former Salem Court House and Registry of Deeds. After 1793, Samuel McIntire worked exclusively in the architectural style developed by Robert Adam in Great Britain and brought to America by the great Boston architect, Charles Bulfinch. The delicate Adam style , which emphasized decorative elements and ornamentation,
1078-513: A lower tax liability in an office condominium than in an office rented from a taxable, for-profit company. However, the frequent turnover of commercial land uses in particular can make the inflexibility of condominium arrangements problematic. In Australia, condominiums are known as " strata title schemes " or "community title schemes". The 2011 National Household Survey (NHS) showed that one in eight Canadian households lived in condominium dwellings, colloquially known as "condos", mostly located in
1155-534: A more specific meaning as a commercial building accommodating travellers; modern French also uses hôtel in this sense. For example, the Hôtel de Crillon on the Place de la Concorde was built as an hôtel particulier and is today a public hotel. In French, an hôtel de ville or mairie is a town hall and not a hotel. Other official bodies might give their name to the structure in which they maintained
1232-417: A non-profit corporation, in which the tenants own shares; each share carries the right and duty to lease an apartment from the cooperative. Shares can be bought and sold, but often the cooperative's rules strictly limit the price for which they may change hands. (In contrast, condominiums are traded on a free market). Because the official share prices are often lower than the market value and sellers often retain
1309-704: A number of homes for Derby and members of his extended family. McIntire also worked occasionally on Derby's vessels, and would fix a wagon or build a birdhouse if his patron desired. Hamilton Hall is a National Historic Landmark at 9 Chestnut Street in Salem, Massachusetts . Hamilton Hall was built in 1805 by Samuel McIntire and added to the National Register of Historic Places in 1970. "King" Derby's stamp of approval opened many other doors for McIntire, who went on to design and build mansions for John Gardner, Jerethmiel Peirce, Simon Forrester, and other wealthy Salem shipowners. He also built on Chestnut Street
1386-510: A seat: besides Paris , several other French cities have an Hôtel de Cluny , maintained by the abbey of Cluny . The Hôtel de Sens was built as the Paris residence of the archbishop of Sens . The Hôtel de Bourgogne in Paris was a theatre, taking its name from the former Paris residence of the Dukes of Burgundy on the site. The Hôtel de la Marine , now a museum, took its name when it
1463-657: A special type of ownership title called a CCT - condominium certificate of title. Condominiums usually have amenities, like swimming pools, owned parking, a clubhouse, and a building for administration. Initially, the concept of a condominium was introduced by the Federal Law "On the Fundamentals of the Federal Housing Policy" No. 4218-1 dated December 24, 1992: "Condominium is an association of owners of residential premises in apartment buildings with
1540-520: Is a copy of Wollaton Hall . Other mansions were built in the new and innovative styles of the new era such as the arts and crafts style: The Breakers is a pastiche of an Italian Renaissance palazzo ; Waddesdon Manor in Buckinghamshire is a mixture of various French châteaux . One of the most enduring and most frequently copied styles for a mansion is the Palladian – particularly so in
1617-549: Is an example of American Renaissance revivalism. During the 19th century, along with other streets in major cities, Fifth Avenue in New York City had many mansions. Many of these were designed by the leading architects of the day, often in European Gothic Revival style , and were built by families who were making their fortunes. However, nearly all of these have now been demolished. Whitemarsh Hall ,
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#17327581924171694-464: Is assigned to specific apartments ( Finnish : hallinnanjakosopimus , Swedish : avtal om delning av besittningen ) is usually used only with detached or semi-detached houses. A housing cooperative is a common form of home ownership in Finland. Owning shares that correspond to one apartment in a housing company is generally considered as much owning your own home as actually directly owning
1771-487: Is called the McIntire Historic District with the center being Chestnut Street. McIntire's training came from his father and from books. He and his brothers, Joseph and Angler, began their careers as housewrights and carpenters while in their teens but, early on, Samuel's work caught the eye of Salem's pre-eminent merchant, Elias Hasket Derby. Over the next quarter century, McIntire built or remodelled
1848-411: Is owned jointly by the apartment owners, who execute their joint ownership through an owner's association . The expenses of maintaining the joint property are shared pro rata among the owners. Another 5% of Danish homes are in housing cooperatives (Danish andelsbolig ), which occupy a legal position intermediate between condominiums and housing associations . The entire property is legally owned by
1925-492: Is the "time share", although not all time shares are condominiums, and not all time shares involve actual ownership of (i.e., deeded title to) real property. Condominiums may be found in both civil law and common law legal systems as it is purely a creation of statute . Among other things, the HOA assesses unit owners for the costs of maintaining the common areas, etc. That is, the HOA decides how much each owner should pay and has
2002-566: The cour d'honneur (an entrance court) and the garden behind. There are hôtels particuliers in many large cities in France . The word hôtel represents the Old French " hostel " from the Latin hospitālis "pertaining to guests", from hospes , a stranger, thus a guest. The adjective particulier means "personal" or "private". The English word hotel developed
2079-622: The Ancien Régime . Until World War I it was not unusual for a moderately sized mansion in England such as Cliveden to have an indoor staff of 20 and an outside staff of the same size, and in ducal mansions such as Chatsworth House the numbers could be far higher. In the great houses of Italy, the number of retainers was often even greater than in England; whole families plus extended relations would often inhabit warrens of rooms in basements and attics. Most European mansions were also
2156-465: The Latin word mansio "dwelling", an abstract noun derived from the verb manere "to dwell". The English word manse originally defined a property large enough for the parish priest to maintain himself, but a mansion is no longer self-sustaining in this way (compare a Roman or medieval villa ). Manor comes from the same root—territorial holdings granted to a lord who would "remain" there. Following
2233-540: The Mediterranean old world, whereas where estates were founded in the sparsely populated remote areas like the Pampa of Argentina or Uruguay, where iron pillars, doors, windows, and furniture had to be brought from Europe by ship and afterwards ox cart, buildings were smaller, but normally still aspiring to evoke a stately impression, often featuring, like their earlier Italian counterparts, a morador . In Venezuela,
2310-631: The homeowner association represents an entity with rights and duties that may include contracts. The right of ownership is divided in the first article of the WoEigG into homeownership, individual freehold ownership, part ownership, and commonhold ownership. In Greece, condominiums became very popular in the 1960s. It is a building one sees everywhere in Greece, since most of its population lives in big cities. They are known as πολυκατοικίες ( polykatoikíes ), literally "multi-residences". In Hong Kong
2387-464: The 15th century onwards, a combination of politics and advances in weaponry negated the need for the aristocracy to live in fortified castles. As a result, many were transformed into mansions without defences or demolished and rebuilt in a more modern, undefended style. Due to intermarriage and primogeniture inheritance amongst the aristocracy, it became common for one noble to often own several country houses . These would be visited rotationally throughout
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2464-591: The 18th century. However, the Gothic style was probably the most popular choice of design in the 19th century. The most bizarre example of this was probably Fonthill Abbey which actually set out to imitate the mansions which had truly evolved from medieval Gothic abbeys following the Dissolution of the Monasteries in the 16th century. Mansions built during and after the 19th century were not supported by
2541-566: The apartment. Membership in a condo is obtained by buying the shares on the open market, most often through a real estate agent. No board approval is needed to buy shares, but in some cases other stockholders or the housing cooperative itself has the right to claim the stocks being sold. There is usually no requirement for the owner(s) to live in the condo. Owning apartments for rent is a common form of saving and private investment in Finland. In Germany, condominiums are known as Eigentumswohnungen ( lit. ' ownership dwellings ' ) and
2618-426: The association may be in the master deed, or could be a separate set of bylaws governing the internal affairs of the condominium. Matters addressed in the condominium bylaws may include the responsibilities of the owners' association, voting procedures to be used at association meetings , the qualifications, powers, and duties of the board of directors, and the powers and duties of the officers. The Bylaws may also cover
2695-409: The case of a freehold condominium the owner owns the land and building and the corporation owns common shared roadways and amenities. The Canadian Condominium Institute is a non-profit association of condominium owners and corporations with chapters in each province and territory. The Condo Owners Association COA Ontario is a non-profit association representing condominium owners with divisions across
2772-466: The central points of these great houses became redundant as owners wished to live separately from their servants, and no longer ate with them in a Great hall. All evidence and odours of cooking and staff were banished from the principal parts of the house into distant wings, while the owners began to live in airy rooms, above the ground floor, with privacy from their servants, who were now confined, unless required, to their specifically delegated areas—often
2849-567: The condominium ( "Condominio" ) is governed by law, last reformed in 2012. Co-ownership of the common parts of the buildings (such as the stairs, main walls, facades, roof, and courtyards) is mandatory: a landlord can not give up the right to common parts for not paying the costs. Each owner's quota in the condominium is expressed in thousandths ( "millesimi" ) of the whole; these are used to determine majorities in owners' assemblies ( "assemblee condominiali" ). See housing cooperative under owners association . Condominiums (Norwegian Eierseksjon )
2926-449: The development is built on leased land. As condominium unit owners may wish to rent their home to tenants , similar to renting out single-owner real estate, but leasing rights may be subject to conditions or restrictions set forth in the declaration (such as a rental cap for the total number of units in a community that can be leased at one time) or otherwise as permitted by local law. A homeowners association (HOA), whose members are
3003-509: The development of the modern mansion. In British English, a mansion block refers to a block of flats or apartments designed for the appearance of grandeur. In many parts of Asia, including Hong Kong and Japan, the word mansion also refers to a block of apartments. In modern Japan, a "manshon" ( Japanese : マンション ), stemming from the English word "mansion", is used to refer to a multi-unit apartment complex or condominium . In Europe, from
3080-578: The equivalent legal structures of a condominium is commonhold , a form of ownership introduced in September 2004. As of 3 June 2009, there were 12 commonhold residential developments comprising 97 units in England and one commonhold residential development, comprising 30 units, in Wales. "Condominium" is not a term that is widely used in England and Wales. Commonhold is a creature of statute and comparatively rare, and condominiums are more likely to be found in
3157-411: The equivalent to a condominium is a "multi-owner building" or "building in multiple ownership". These are sometimes part of a private housing estate comprising multiple buildings but often consist of a single building owned in common. The relationships among the parties, including rights of exclusive occupation of flats and parking spaces, are defined by the deed of mutual covenant ("DMC", analogous to
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3234-465: The establishment of conditions for joint ownership and use of inter-apartment stairs, elevators, corridors, roofs, technical basements, non-apartment engineering equipment, adjacent territory, and other common areas. In Singapore and Malaysia , "Condo" or "Condominium" are terms used for housing buildings with some special luxury features like security guards, swimming pools, or tennis courts. In Singapore, most houses without such features are built by
3311-481: The expenditure of money to perform. This did not create a significant problem until the 1950s when flats (where ownership is divided horizontally) first began to appear on the market as more affordable, particularly for first-time buyers. Until then flats had been confined to short-term unsaleable tenancies, with varying degrees of statutory rent protection and security of tenure. It was soon learned that freehold flats were an unsatisfactory form of ownership because it
3388-526: The exterior of the units. Generally, these sets of rules and regulations are made available to residents and or as a matter of public record, via a condominium or homeowners association website, or through public files, depending on the state and its applicable laws. Condominiums are usually owned in fee simple title , but can be owned in ways that other real estate can be owned, such as title held in trust . In some jurisdictions, such as Ontario , Canada, or Hawaii US, there are "leasehold condominiums" where
3465-404: The exteriors of the dwellings or yards, and "site condominiums", where the owner has more control and possibly ownership (as in a "whole lot" or "lot line" condominium) over the exterior appearance. These structures are preferred by some planned neighborhoods and gated communities . The description of the condominium units and the common areas and any restrictions on their use are established in
3542-499: The fall of Rome, the practice of building unfortified villas ceased. Today, the oldest inhabited mansions around the world usually began their existence as fortified houses in the Middle Ages . As social conditions slowly changed and stabilised fortifications were able to be reduced, and over the centuries gave way to comfort. It became fashionable and possible for homes to be beautiful rather than grim and forbidding allowing for
3619-469: The form of leaseholds because of long-standing legal differences between leasehold and freehold tenure. By virtue of the landmark case of Tulk v Moxhay , in English law only restrictive covenants can be enforced against freehold land. This means it is not possible to enforce a positive covenant on successive owners of freehold land, other than to maintain a boundary fence, without creating an elaborate trust. A positive covenant is, broadly, one that involves
3696-436: The freedom to select whom to sell to, under-the-table payments are common. Current public policy favors condominiums over housing cooperatives, and recent legislation has aimed at making the latter more condominium-like. For example, since 2005, cooperative shares may be used to secure bank loans. (However, Danish mortgage banks still may not mortgage individual housing cooperative apartments.) In England and Wales , one of
3773-452: The ground and uppermost attic floors. This was a period of great social change, as the educated prided themselves on enlightenment. The uses of these edifices paralleled that of the Roman villas . It was vital for powerful people and families to keep in social contact with each other as they were the primary moulders of society. The rounds of visits and entertainments were an essential part of
3850-575: The hub of vast estates . The 19th century saw the continuation of the building of mansions in the United States and Europe. These mansions were often smaller than those built by the old European aristocracy. The new builders of mansions at the time explored new styles other than the Gothic tastes in architecture which were used often. They experimented with 19th-century versions of older Renaissance and Tudoresque styles; The Breakers in Rhode Island
3927-401: The individual retail and office spaces are owned by the businesses that occupy them, while the common areas of the mall are collectively owned by all the business entities that own the individual spaces. Unlike apartments, which are leased by their tenants , in most systems condominium units are owned outright, and the owners of the individual units also collectively own the common areas of
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#17327581924174004-547: The interior side of the walls surrounding a condo, allowing the homeowner to make some interior modifications without impacting the common area. Anything outside this boundary is held in an undivided ownership interest by a corporation established at the time of the condominium's creation. The corporation holds this property in trust on behalf of the homeowners as a group—it may not have ownership itself. Some condominium complexes consist of single-family dwellings. There are also "detached condominiums" where homeowners do not maintain
4081-655: The large estates of their predecessors. These new mansions were often built as the week-end retreats of businessmen who commuted to their offices by the new railways, which enabled them to leave the city more easily. In Latin America, the grand rural estate , the Hacienda , Estancia, in Portuguese speaking Brazil Fazenda or Estância, with the mansion as its stately center, is a characteristic feature. Mansions tended to follow European architectural styles . Whereas until
4158-416: The legal power to collect that. Condominium ownership is also used, albeit less frequently, for non-residential land uses: offices, hotel rooms, retail shops, private airports, marinas, group housing facilities (retirement homes or dormitories), bare land (in British Columbia ) and storage . The legal structure is the same, and many of the benefits are similar; for instance, a nonprofit corporation may face
4235-605: The master deed described above) and the Building Management Ordinance Cap. 344. Condominiums are a very common form of real estate ownership in contemporary Hungary, as most state- or municipality-owned apartments were privatized following the end of socialism in Hungary in 1989. Historically, condominiums ( Hungarian : társasház ) were formalized as a legal ownership structure as early as 1924. Condominiums in Hungary are traded and mortgaged on
4312-485: The most important law considering condominiums is the Wohnungseigentumsgesetz (abbreviated WoEigG). It is the basis for all legal regulations involving individual freehold ownership, the rights, and duties of homeowner associations, and the management of condominiums. The WoEigG dates back to 1951, but it was re-enacted in 2007. Now, homeowners are invested with partial legal capacity, which means that
4389-535: The obligations of the owners with regard to assessments, maintenance, and use of the units and common areas, although those obligations are often found in the condominium's founding documents. Finally, they may set limits on the conduct of unit owners and residents. These are more readily amendable than the declaration or association bylaws, typically requiring only a vote of the governing body. Typical rules include mandatory maintenance fees (perhaps collected monthly), pet restrictions, and color/design choices visible from
4466-539: The other being a Co-operative Housing Society (CHS) or Co-operative Group Housing Society (CGHS), which needs to be registered with the municipal authorities. Iranian government has begun supporting villas and opposing apartment building concerned by people's manner. In Israel, condominiums (known "בתים משותפים" , "shared houses" or "cooperative houses") are a common form of home ownership. Public housing has historically been organized as subsidized purchases and mortgages in government-constructed condominiums. In Italy,
4543-792: The owners themselves; in the 21st century, however, the owners' convention typically hires a professional building manager who does not personally live in the building. Decisions that involve changes to the terms and conditions, or larger common expenses, still need to be approved by the convention, however. Voting power is based on the percentage of property owned. In India, condominiums are known as "Apartments" or "Apartment Buildings/Complexes" or "Societies" or "Flats". Each building consists of multiple floors and flats/living units with different configurations. The most common configurations are "1-BHK", "2-BHK" and "3-BHK" (BHK stands for bedroom-hall-kitchen). The association of homeowners has many names - two common names are Resident Welfare Association (RWA) and
4620-630: The owners through their association, such as a homeowner association or its equivalent. Scholars have traced the earliest known use of the condominium form of tenure to a document from first-century Babylon . The word condominium originated in Latin . Condominium is an invented Latin word formed by adding the prefix con- 'together' to the word dominium 'dominion, ownership'. Its meaning is, therefore, 'joint dominion' or 'co-ownership'. Condominia (the Latin plural of condominium ) originally referred to territories over which two or more sovereign powers shared joint sovereignty. This technique
4697-552: The property, such as the exterior of the building, roof, corridors/hallways, walkways, and laundry rooms, as well as common utilities and amenities, such as the HVAC system and elevators. In other property regimes, such as those in Hong Kong and Finland , the entire buildings are owned in common with exclusive rights to occupy units assigned to the individual owners. The common areas, amenities, and utilities are managed collectively by
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#17327581924174774-412: The province and districts within the various municipalities. Apartments (Danish ejerlejlighed , literally "owner-apartment") comprise some 5% of Danish homes. They are traded and mortgaged on the same markets as freestanding houses, and are treated legally much like other forms of real estate. Each owner-tenant directly owns their own apartment; the rest of the building and the ground on which it stands
4851-481: The provisions to create enforceable positive covenants in freehold blocks of flats were occasionally mooted but never gained currency. On 21 July 2020 the UK Law Commission reported on the existing difficulties and made proposals to improve the law and encourage the acceptance of commonhold as the preferred form of tenure. In Finland, a condominium-like arrangement where the ownership of the real estate
4928-413: The purchase of a flat, for the requirements for a fully marketable flat remain complex. The Law of Property Act 1925 , s. 153, contains provisions for the "enlargement" of leases into freeholds, one of the effects of which is to preserve the enforceability of positive covenants contained in the lease against the resulting freehold. There are clear, but stringent, requirements. Artificial schemes using
5005-401: The same market as any free-standing single-family home ( Hungarian : kertesház ; "garden-house"), and are treated much like other forms of real estate. The condominium acts as a non-profit legal entity maintaining the common areas of the property, and is managed by a representative ( Hungarian : közös képviselő ) elected by the owners' convention. Historically, this representative was one of
5082-419: The second half of the 19th century, Portugal and Spain as the colonial (or former colonial) powers were the eminent models for architecture and upper-class lifestyle, towards the end of the 19th century they were sometimes replaced by then more dominant powers like France or England. In comparably developed, densely populated countries like Mexico, feudal estates and their mansions were as grand and stately as in
5159-427: The security of flats unless certain basic provisions were included. This benefited owners whether or not they borrowed money since the purchase was invariably conducted through a solicitor or licensed conveyancer trained to reject leases failing to meet the necessary standards. Despite these standards, the actual form of leasehold systems is variable. Highly favoured are arrangements where the leases are granted out of
5236-463: The societal process, as described in the novels of Jane Austen . State business was often discussed and determined in informal settings. Times of revolution reversed this value. During July/August 1789, a significant number of French country mansions ( chateaux ) were destroyed by the rural population as part of the Great Fear —a symbolic rejection of the feudal rights and restraints in effect under
5313-625: The traditional Spanish mansions with a garden in the center of the property are usually referred as " Quinta ". Some realtors in the US term mansions as houses that have a minimum of 8,000-square-foot (740 m ) of floor space. Others claim a viable minimum could instead be 5,000-square-foot (460 m ) of floor space, especially in a city environment. Condominium (living space) Residential condominiums are frequently constructed as apartment buildings, referred as well as Horizontal Property. There are also rowhouse style condominiums, in which
5390-399: The unit owners, manages the condominium through a board of directors elected by the membership. This exists under various names depending on the jurisdiction, such as "unit title", "sectional title", " commonhold ", "strata council", or " tenant-owner's association ", "body corporate", "Owners Corporation", "condominium corporation" or "condominium association". Another variation of this concept
5467-413: The units open directly to the outside and are not stacked. Alternatively, detached condominiums look like single-family homes , but the yards (gardens), building exteriors, and streets, as well as any recreational facilities (such as a pool, bowling alley, tennis courts, and golf course), are jointly owned and maintained by a community association . Many shopping malls are commercial condominiums in which
5544-458: The year as their owner pursued the social and sporting circuit from country home to country home. Many owners of a country house would also own a town mansion in their country's capital city. These town mansions were referred to as 'houses' in London, ' hôtels particuliers ' in Paris, and 'palaces' in most European cities elsewhere. It might be noted that sometimes the house of a clergyman was called
5621-506: Was formally introduced in 1983. Approximately 19% of Norwegian homes are condominiums, as approximately 50% of the owner-occupied flats and duplexes, approximately 30% of the rowhouses, and 2.5% of the detached houses are organized as condominiums. The title "Condominiums" is not used in Pakistan rather they are called "Flats" for average-style buildings while "Complexes" for sophisticated and larger buildings. The minimum number of floors for
5698-579: Was frequently used to settle border disputes when multiple claimants could not agree on how to partition the disputed territory. For example, from 1818 to 1846, Oregon Country was a condominium over which both the United States and Great Britain shared joint sovereignty until the Oregon Treaty resolved the issue by splitting the territory along the 49th parallel and each country gaining sole sovereignty of one side. The distinction between
5775-487: Was not possible to impose essential maintenance requirements. As such, flats became virtually unmarketable because they were an unacceptable form of security to lenders. Thus solicitors, the principal property lawyers in England and Wales in those days, began to use leases instead, where such limitations did not apply. Progress was haphazard and piecemeal, but over time things became more standard. Improvements became universal as institutional lenders refused to advance money on
5852-588: Was preferred for McIntire, who was efficient in design and proportions and had skill as a woodcarver. Swags, rosettes, garlands, and his signature sheaths of wheat were carved in wood surfaces in McIntire homes built between 1793 and his death in 1811. In Europe, some 19th-century mansions were often built as replicas of older houses; the Château de Ferrières in France was inspired by Mentmore Towers , which in turn
5929-457: Was the naval ministry building. Hôtel-Dieu ("hostel of God") is the old name given to the principal hospital in French towns (and those in Quebec ), such as the Hôtel-Dieu de Beaune . The Hôtel des Invalides in Paris retains its early sense of a hospital for war wounded. Mansion A mansion is a large dwelling house . The word itself derives through Old French from
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