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Define Condominium estate in Real Estate

Condominium estate: 

"Condominium estate" means that you own a part of a big building or complex, like an apartment, but instead of just renting it, you actually own it like a house! You have a deed that says you own a specific part of the building, like one apartment unit or one townhouse.

Example: 

For example, let's say you buy a condo unit in a high-rise building. You have your own individual unit, but you also share ownership and responsibility for the common areas of the building, like the lobby, hallways, and elevators. You might pay monthly fees to help maintain these common areas, like a pool or fitness center.

"Wit & Whimsy with the Dumb Ox: Unlocking Knowledge with Rhyme:"

Oh, a condominium estate, a place you can own and call great!
Not just a rental or a lease, but a part of a building, oh please!

Your own little spot, a place just for you, like a townhouse or flat, shiny and new!
But don't forget, you also share, the common areas with great care.

The lobby, the pool, and even the gym, you pay a little to keep them trim.
So, if you want a place to call home, a condominium estate, you can own!