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A condominium, or condo, is a privately owned unit within a larger building or complex, where common amenities such as utilities, grounds, docks, and pools are shared among all residents. Condos are popular for those seeking a low-maintenance lifestyle, as a homeowners’ association typically manages exterior upkeep and amenities. People often choose condos for their affordability compared to single-family homes, their convenient locations, and the sense of community and security they offer, making them ideal for busy professionals or those looking to downsize.

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