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What is a condo: (Wikipedia) A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned. Condominiums have conditions, covenants, and restrictions, and often additional rules that govern how the individual unit owners are to share the space. The term “condominium” is used throughout the United States and in most Canadian provinces, where such a property is also colloquially known as a “condo”. Strata title is used in the Canadian Provinces of British Columbia and Alberta as well as in Australia and New Zealand; while commonhold is used in the United Kingdom and the term used in South Africa is sectional title. Italy uses condominio, which is simply the modern Italian form of condominium. Both condo and condominium are used colloquially in the Canadian Province of Quebec, where the official term is copropriété divise or “co-property devise” (the noun “devise,” rather than the verb). In France, however, the term is simply copropriété, “co-property,” and the common areas of these properties are usually managed by a Syndicat de copropriété or “co-property union”