In a condominium, those portions of the property not owned individually by unit owners but in which an indivisible interest is held by all unit owners. Generally includes the grounds, parking areas, recreational facilities, and external structure of the building.
A common area in a condominium project which is owned by the condominium corporation and for the use of all unit owners.
The parts of a condominium that are owned by all of the unit owners.
Includes various components of the condominium in which homeowners share joint ownership. This may include parking garage, roof, recreational areas, hallways etc. See Maintenance Fees.
Parts of a property that are necessary or convenient to the existence, maintenance, and safety of a condominium, or are normally in common use by all of the condominium residents. Each condominium owner has an undivided ownership interest in the common elements.
Common elements are different for each condominium corporation. They are listed in Schedule C of the Disclosure Statement or Declaration and Description.
Parts of the property which are necessary or convenient to the existence, maintenance and safety of the condominium, or are normally in common use by all of the condominium residents.
Refers to all the property of a condominium development except the units owned by individual parties.
Common elements are the components of the condominium in which homeowners share joint ownership. This may include parking areas, roof, recreational areas, hallways etc.
All property owned by the condominium corporation over and above the units.
The portions of a condominium development owned in common (shared) by the unit owners.
Parts of a condominium development in which each owner holds an interest (swimming pool, etc.)
all real property in a condominium development unit that is not described as a unit