A fractured condominium refers to a housing development in which some units are rented out as apartments while others are sold and occupied as owner-occupied condominiums. This situation typically arises when a developer's attempt to sell a majority of units as condos fails, resulting in a mixed-use scenario.
A mixed-use property combines different types of land uses, such as residential, commercial, and industrial, into one cohesive development. This approach aims to create synergies between the various uses to enhance the overall functionality and convenience of the site.
