Unit
Also known as: Lot, Separate Interest
An individual ownership interest in a condominium or planned development that includes the airspace within the boundaries defined by the declaration and condominium plan. The unit owner holds title to their unit and an undivided interest in the common areas. Unit boundaries determine maintenance responsibilities — owners maintain their units while the association maintains common areas.
State-Specific Notes
Frequently Asked Questions
How do I know what I own in a condominium?
Your ownership boundaries are defined in the recorded condominium plan and the declaration. Typically, you own the airspace within your unit walls, floor, and ceiling. The building structure, common hallways, and shared systems are common elements owned collectively. Review your condominium plan and CC&Rs or consult the association for a clear description of your unit boundaries.