What are common elements in condominium ownership?

In the context of condominium ownership, shared land and facilities constitute common elements because these are the parts of the property that all owners have the right to use collectively. Condominiums typically consist of individually owned units, but the surrounding areas such as hallways, elevators, pools, gyms, and parking lots are owned collectively by all the unit owners. This arrangement creates a community where each owner has access to these amenities that enhance the living experience and value of the property.

The concept of common elements is fundamental in understanding how condominiums operate, as it distinguishes between privately owned spaces and those that require shared responsibility among all owners, including maintenance and management. This shared ownership can lead to a sense of community among residents while also necessitating additional regulations and agreements about the use and upkeep of these shared spaces.