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Residential condos are individual housing units within a larger building or complex, typically owned by an individual or family. They often feature shared amenities such as gyms, pools, and common areas, and may be governed by a homeowners' association. Condos are known for their convenience and low maintenance lifestyle, as exterior maintenance and landscaping are usually taken care of by the association. These properties are popular among individuals looking for a sense of community and access to shared amenities without the responsibilities of traditional homeownership.