One of the choices individuals have when selecting home are condos. the clement canopy Condominiums are multi-family houses that individuals can buy. When you get one of those houses, the home is really owned by you but you don't own the whole building; you just own the interior. Another person owns the outside of the home and a homeowners organization manages it. There are just two ways that homeowners organizations work. One of the ways is by the owners of houses joining together as members of the organization. Another manner is to hire a management firm to manage all of the duties.