In condominium ownership, what does an air lot refer to?

In condominium ownership, an air lot refers specifically to the three-dimensional space occupied by a unit, which includes the air space above and around the unit, extending from the interior walls. This concept is crucial in distinguishing what is privately owned by the unit owner versus what is considered common area of the condominium.

The air lot allows for individual ownership of the space within the physical confines of the condominium unit and is identified through a legal description that often takes into account that vertical dimension. Therefore, it is accurate to say that an air lot measures the air space owned by each condominium unit owner from the inside wall to the inside wall, clearly defining the proprietary boundaries of each unit.

This understanding is vital for various aspects of condominium living, such as property taxes, maintenance responsibilities, and potential alterations or modifications to a unit.