Condominium law is a branch of civil law, which regulates the condominium, that is the right of ownership on a thing that belongs in common to several people.
Condominium, also called co-ownership or community of owners, is that situation in which several persons are jointly owners of a certain asset, attributing to each an undivided part of it.
The condominium was created to solve those situations in which there is a single physically indivisible asset and multiple owners, legally dividing the asset and assigning each co-owner a share that represents the percentage of ownership that corresponds to it.
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