No, You Don’t Own Your Condo Parking Spot

/ Owner - May 3, 2018

A relatively common request fielded by condominium associations is from owners wanting to sell their parking spot to another owner. While many owners may believe they own their parking space, parking spaces are almost universally classified as limited common elements that are assigned to a particular unit. While this means unit owners have many of the rights of ownership related to their parking space – such as preventing other vehicles from using the space – from a legal standpoint, they do not own title to the space.   Read the article……………..

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