Gulfnews: Condominium Law is in highest stages of consideration
Just in case you think condos are just for Americans, here is some news from the Middle East:

Dubai: The all-important regulatory framework governing Dubai's property sector took a huge leap forward last week with the introduction of trust accounts safeguarding home buyer's payments for off plan purchases. Attention is now focused on preparing the market for a long-awaited law which will dictate management of the common areas of housing developments. A draft of the Condominium Law (also known as Strata Law) was submitted to Dubai's highest authorities some time ago and is in the "highest stages" of consideration before official approval, said Dubai Land Department.