Definition
Common Elements: In the context of a condominium, common elements are those sections of the property that are not owned individually by any unit owner but rather are shared collectively by all unit owners. These elements generally encompass areas such as grounds, parking spaces, recreational facilities, and the external structure of the buildings.
Examples
- Grounds: Landscaping, walkways, and green spaces within the condominium complex.
- Parking Areas: Designated parking lots or underground garages that are accessible to all unit owners or are assigned specifically but still maintained collectively.
- Recreational Facilities: Shared amenities such as swimming pools, gyms, community rooms, and courts.
- External Structure: The exterior walls, roof, and foundation of the building.
Frequently Asked Questions
What are common elements in a condominium?
Common elements refer to parts of a condominium property that are co-owned by all unit owners and maintained collectively, including the building exterior, recreational areas, and other shared amenities.
Who is responsible for maintaining common elements?
The maintenance and care of common elements are usually the responsibility of the condominium association or HOA (Homeowners Association), funded through fees paid by unit owners.
Can unit owners make changes to common elements?
Generally, individual unit owners cannot make unauthorized changes to common elements. Modifications usually require approval from the condominium association or HOA.
Are common elements covered by insurance?
Common elements are typically covered by the condominium association’s master insurance policy. Unit owners may need separate insurance for their individual units.
Related Terms
Community Association: An organization governing a shared-residence community, responsible for managing common areas and enforcing community rules.
HOA (Homeowners Association): A governing body for a residential community (including condominiums) that ensures maintenance of common areas and adherence to community regulations.
Limited Common Elements: Parts of the common elements that are assigned to specific unit owners but not owned by them, such as balconies or designated parking spots.
Master Deed: A legal document that outlines the property details, including the common elements and the responsibilities of unit owners and the condominium association.
Online References
- National Association of Home Builders: Community Associations
- HOA-USA: Homeowners Associations
- Community Associations Institute
Suggested Books for Further Studies
- “The Condominium Concept: A Practical Guide for Officers, Owners, Realtors, Attorneys, and Directors of Florida Condominiums” by Peter M. Dunbar
- “Complete Guide to Home Buying & Selling: Insider Secrets You Must Know” by Norman Richards
- “The Condo Bible for Canadians” by Dan S. Barnabic
Fundamentals of Common Elements: Real Estate Basics Quiz
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