LANDOMINIUM
A housing community in which the residents have both the housing units and the land where these units are built. A landominium is surrounded with amenities like golf course, gardens, parks, tennis court, club houses, man-made lakes, walking trails, and recreation activities. The homeowners’ association of a landominium community provides the following: maintenance, landscaping, and other services.
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Transaction
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A service, used by underwriting firms, that provides a method of tracking the exact path of purchases and sales of newly issued securities.
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