Condominium (Condo) Unit
Last updated 2026-08-01
Fannie Mae
Updated 2026-08-01
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 · pp. 7–9
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