What important information does the declaration of a condominium include?

The declaration of a condominium is a crucial document that provides comprehensive details about the property and its legal structure. One of its fundamental components is the descriptions of common and limited common areas. This information is vital as it outlines the shared spaces available to all residents (common areas) and the areas designated for exclusive use by particular units (limited common areas).

Understanding these areas helps unit owners know their rights and responsibilities regarding the use and maintenance of these spaces. For instance, common areas may include hallways, recreational facilities, and landscaping, while limited common areas could include balconies or parking spaces assigned to specific units. This clear delineation supports the governance of the community and ensures that all residents are aware of which areas they can access and utilize.

While property tax details, landscaping guidelines, and management fees are important aspects of condominium governance, they do not hold the same foundational significance as the descriptions of common and limited common areas in the declaration. These descriptions directly affect ownership rights and use, making them essential to understanding how the condominium operates as a community.