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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.
In a condominium, the homeowners own the inside of their homeâbut the exterior, the land and the common areas are owned by an association. A condo can look like an apartment, but it can also look like an attached one-story villa or a multi-level townhouse.