A contract stating that the title will remain with the seller, until certain conditions are fulfilled by the buyer. Also referred to as conditional conveyance.
Conditioned air
The air that has been heated, cooled, humidified, or dehumidified to maintain an interior space within the "comfort zone.".
Conditioned floor area
The floor area of enclosed conditioned spaces on all floors measured from the interior surfaces of exterior partitions for nonresidential buildings and from the exterior surfaces of exterior partitions for residential buildings.
Conditioned space
Enclosed space that is either directly conditioned space or indirectly conditioned space.
Conditioned space, directly
An enclosed space that is provided with heating equipment that has a capacity exceeding 10 BTUs/(hr-ft2), or with cooling equipment that has a capacity exceeding 10 BTUs/(hr-ft2). An exception is if the heating and cooling equipment is designed and thermostatically controlled to maintain a process environment temperature less than 65 degrees Fahrenheit or greater than 85 degrees Fahrenheit for the whole space the equipment serves.
Conditioned space, indirectly
Enclosed space that.
Condominium
Individual living unit in a building or development, in which title is held to only the interior space and the recreational and parking area are owned, in common, by all the residents.
Condominium conversion
Change in title from single ownership of the entire building to multiple owners of multiple units, i.e. a rental apartment house to individual condominium ownership. The tenant is usually given the right to purchase his/her unit at a favorable price, prior to open market sales.
Condominium owners association
Association of the owners of condominium units that is concerned with the management of day-to-day matters in the complex.
Conduct
To be able to transmit, carry or convey. To direct.
