Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Condominium (Condo) Unit
Fannie Mae
Updated 10-31-2026
Condominium (Condo) Unit
A unit in a condominium project. Each unit owner has title to their individual unit, an individual interest in the project's common areas, and, in some cases, the exclusive use of certain limited common areas.
Fannie Mae Glossary of Terms
Fannie Mae · p. 8
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