Condominium ownership is a hybrid form of ownership.  Ownership includes a residential unit and a portion of the common property of a condominium project.  In addition, condominium ownership combines “communal living”, as there are rules regarding how owners relate to each other and to the group, and “traditional” home ownership.  Additionally, purchase of a condominium unit may, or may not, include the ownership of land, depending on the type of condominium project.