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According to the State of Michigan's Condominium Buyer's Guide: The term site condominium is used to describe a condominium development with. single-family detached housing instead of two or more housing units in one structure.. Other states may have different definitions.
Condominium (Condo): A condominium is a form of home ownership in which each dwelling unit is separately owned but there are common areas within the development such as hallways, parking lots, roads and/or shared recreational amenities that are owned jointly by all owners together.