What is the meaning of Condominium?

Joint sovereignty over a territory by two or more countries.

A region or territory under such rule.

A building or complex of buildings that provides multiple residential units each of which is owned separately but whose grounds, structure, etc. (if any) are owned jointly.

The system of ownership by which such condominiums operate.

An individual unit (such as an apartment) in such a complex.

The legal tenure involved.

condominium (all senses)

condominium, joint sovereignty

obsolete form of condominiu

Source: wiktionary.org