Condominium
A condominium is created by recording a declaration of covenants, conditions and restrictions. Its characteristics may include multi-story buildings, townhomes or single family homes and can be indistinguishable from a planned unit development or other form of ownership. In the Washington Condo Act, it is defined as: “[R]eal property, portions of which are designated for separate ownership and the remainder of which is designated for common ownership solely by the owners of those portions.” RCW 64.34.020(9).
