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Condominiums and cooperativesSubject 15 of 19

Common elements

The parts of a condominium property owned collectively by unit owners rather than as part of one unit.

Direct answer

What does Common elements mean?

The parts of a condominium property owned collectively by unit owners rather than as part of one unit.

Exam cue: Declarations and plans identify general and limited common elements.

What does it look like in a question?

New York example

The roof, lobby and structural systems may be common elements maintained through the condominium.

Common exam trap

What should you not confuse it with?

A limited common element can be reserved for one or several units without becoming part of the unit itself.

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