What is a Condominium defined by?

A condominium is defined by the relationship among owners and what is owned. This definition emphasizes that a condominium is not merely about physical structures or land ownership but rather about the shared nature of ownership and the communal aspects that bind different owners together within the condominium complex.

In a condominium, individual owners possess their separate units (typically residential or commercial spaces), while also sharing ownership of common areas such as hallways, pools, and recreational facilities. This shared ownership leads to a unique governance structure, often outlined in documents like bylaws, declarations, and rules that dictate how the community operates, how decisions are made, and how responsibilities are allocated among owners.

Understanding this relationship is crucial because it informs the legal framework that governs condominiums, including aspects such as maintenance responsibilities, voting rights in community associations, and financial obligations for communal expenses. This connective aspect of ownership among the residents is what distinguishes a condominium from other forms of property ownership.