How is condominium ownership different than other structure types?

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How is condominium ownership different than other structure types?

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Ownership of an individual condominium unit – a condominium parcel – is similar to that of a single-family property; however, there are several important distinctions. Ownership of the condominium facility or complex is shared. The condominium parcel owner is responsible for maintenance and repair only to furnishings and interior walls within the parcel. The association is responsible for the maintenance and repair for common structural elements, i.e. all elements external to the condominium parcels. Condominium parcel owners are not responsible for any of the common elements, nor can an owner independently perform or prescribe maintenance or repairs to these elements. These and other differences require different considerations for owners of individual condominium units. For example, the calculations for damage and benefits must consider both the individual condominium parcel and the associated common elements.

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