Condominium Residence definition
Condominium Residence means and refer to a residential unit and its undivided percentage of ownership in the common land upon which such condominium is constructed or to be constructed. Also, “Condominium Residence” and “Condominium” shall mean and refer to those Lots hereafter designated as “Club Cottages” in Sections 10-A and 10-B of the Property, even though they have not been subjected to the North Carolina Condominium Act.