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Glossary of Terms > C > Condotel

Condotel

Properties that are currently hotels, but are redeveloping into upscale condominiums; hybrids where suites and rooms are rented out, but privately owned.

C Terms

Cap

Capital Gains

Cash-Out Refi

Closing

Closing Costs

Clouds

CMG Plan

Commission

Comparable Sales (COMPS)

Condominium

Condotel

Conforming Mortgage

Contingency

Contract

Conventional Mortgage

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