20175, Condos For Sale and For Rent in Leesburg, Virginia

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Leesburg may refer to several locations in the United States of America: Leesburg, Alabama Leesburg, Florida Leesburg, Georgia Leesburg, Idaho, a community and historic district listed on the NRHP in Lemhi County, Idaho Leesburg, Indiana Leesburg Historic District (Leesburg, Indiana), listed on the NRHP in Kosciusko County, Indiana Leesburg, Kentucky Leesburg, Mississippi Leesburg, Ohio Leesburg, Texas Leesburg, Virginia Leesburg Historic District (Leesburg, Virginia), NRHP-listed

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A condominium, usually shortened to condo, is a type of real estate divided into several units that are each separately owned, surrounded by common areas jointly owned. Residential condominiums are frequently constructed as apartment buildings, but there has been an increase in the number of "detached condominiums", which look like single-family homes but in which the yards, building exteriors, and streets are jointly owned and jointly maintained by a community association. Unlike apartments, which are leased by their tenants, condominium units are owned outright. Additionally, the owners of the individual units also collectively own the common areas of the property, such as hallways, walkways, laundry rooms, etc.; as well as common utilities and amenities, such as the HVAC system, elevators, and so on. Many shopping malls are industrial condominia in which the individual retail and office spaces are owned by the businesses that occupy them while the common areas of the mall are collectively owned by all the business entities that own the individual spaces.

Source: https://en.wikipedia.org/