condominium
Pronunciation:
/kɒn.dəˈmɪn.ɪ.əm//kɑn.dəˈmɪn.i.əm/noun
Definitions
Joint sovereignty over a territory by two or more countries.
A region or territory under such rule.
A building in which each unit is owned by an individual but the grounds, structure etc are owned jointly.
The system of ownership by which such condominiums operate