The Shocking Truth Behind What a Condo Really Is

Wed, 29 Apr 2026 21:37:10 +0000

# The Shocking Truth Behind What a Condo Really Is: What You Were Never Told When people hear the word condo, most imagine a sleek, modern apartment in a tower with경 관리(건물 관리), a polished lobby, and a clear distinction between private living space and shared common areas. But the reality is far more complex—and sometimes surprising. If you thought buying a condo meant ownership and a straightforward investment, you’re missing some hidden truths that could reshape how you approach this property type. ## What Exactly Is a Condo, Anyway? At its core, a condominium (or condo) is not ownership of a physical unit alone but rather ownership of a fractional interest in a condominium association held title to the land and common areas. This legal distinction defines everything about a condo: how it’s governed, how it appreciates in value, and the fees you’re expected to pay.