What are common elements in a condominium?

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The correct answer focuses on common elements in a condominium, which are parts of the property shared by all residents. These elements typically include facilities and areas that all unit owners have equal access to and rights over, such as hallways, elevators, swimming pools, gyms, and other amenities. The concept of common elements is central to condominium living, as it defines shared ownership and the communal aspects of the property arrangement. Understanding common elements is crucial for anyone involved in condominium transactions, as they significantly impact both the management and overall living experience of the residents.

Private balconies for each unit, while potentially part of an individual condominium unit, are not classified as common elements since they are exclusive to the particular unit owner. Individual storage units for owners are also typically assigned to specific units and do not fall under common elements, as they are not shared among all residents. Excluded areas from ownership refer to spaces that are not owned or utilized by condominium residents, which also do not contribute to the definition of common areas. Thus, the focus remains correctly on the shared aspects of ownership within the condominium.

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