What does part-owner mean?

Definitions for part-owner
part-own·er

This dictionary definitions page includes all the possible meanings, example usage and translations of the word part-owner.

Princeton's WordNet

  1. part-ownernoun

    a person who owns something in common with others

Wikipedia

  1. part-owner

    A condominium (or condo for short) is an ownership structure whereby a building is divided into several units that are each separately owned, surrounded by common areas that are jointly owned. The term can be applied to the building or complex itself, as well as each individual unit within. The term "condominium" is mostly used in the USA and Canada, but similar arrangements are used in many other countries under different names. Residential condominiums are frequently constructed as apartment buildings. There are also rowhouse style condominiums, in which the units open directly to the outside and are not stacked. Alternatively, "detached condominiums” look like single-family homes, but in which the yards (gardens), building exteriors, and streets, as well as any recreational facilities (such as a pool, bowling alley, tennis courts, and golf course), are jointly owned and 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 corridors/hallways, walkways, and laundry rooms, as well as common utilities and amenities, such as the HVAC system and elevators. Many shopping malls are industrial condominiums 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. The common areas, amenities, and utilities are managed collectively by the owners through their association, such as a homeowner association or its equivalent. Scholars have traced the earliest known use of the condominium form of tenure to a document from first-century Babylon. The word condominium originated in Latin.

Matched Categories

How to pronounce part-owner?

How to say part-owner in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of part-owner in Chaldean Numerology is: 4

  2. Pythagorean Numerology

    The numerical value of part-owner in Pythagorean Numerology is: 4


Translations for part-owner

From our Multilingual Translation Dictionary

Get even more translations for part-owner »

Translation

Find a translation for the part-owner definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"part-owner." Definitions.net. STANDS4 LLC, 2024. Web. 10 May 2024. <https://www.definitions.net/definition/part-owner>.

Discuss these part-owner definitions with the community:

0 Comments

    Are we missing a good definition for part-owner? Don't keep it to yourself...

    Image or illustration of

    part-owner

    Credit »

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    a central point or locus of an infection in an organism
    A defilement
    B fervidness
    C brashness
    D nidus

    Nearby & related entries:

    Alternative searches for part-owner: