What are Limited Common Areas in a Condo Building?
Living in a condo brings unique opportunities and responsibilities, especially regarding shared spaces. I've noticed many buyers get confused about which areas they can actually use in their condo building. Let's clear up any confusion about limited common areas and what they mean for you as a condo owner.
Limited Common Areas: Limited common areas are portions of a shared property, such as balconies, parking spaces, or storage units, that are owned collectively by all owners but are designated for the exclusive use of specific unit owners. While these areas remain part of the common property, only the assigned unit owners have the right to use them.
Common Types of Limited Common Areas
Your condo building likely includes several types of limited common areas. These spaces fall into three main categories:
Exterior Spaces
Your balcony or patio might be the most obvious limited common area you use daily. These spaces, along with assigned parking spots and private garden areas, belong to everyone but are reserved just for you.
Interior Spaces
Inside the building, you'll find storage units, personal mail areas, and HVAC equipment that serves your unit. These spaces make condo living more convenient while maintaining clear boundaries between residents.
Utility-Related Areas
Some areas you might not think about include satellite dish installation spots, individual utility meters, and specific plumbing or electrical systems that serve your unit exclusively.
Rights and Responsibilities
What You Can Do
Use your assigned areas without interference from other residents
Decorate and furnish within HOA guidelines
Control who accesses your limited common areas
What You Must Do
Keep your areas clean and well-maintained
Fix any damage you cause
Follow HOA rules about modifications
Your HOA's Role
The HOA watches over these areas, making sure everyone follows the rules and maintains proper insurance coverage. They'll step in if issues arise between residents about limited common areas.
Legal Aspects and Documentation
Your rights to limited common areas appear in several important documents:
The condo declaration outlines basic rights and responsibilities
Your deed specifies which areas are assigned to your unit
HOA documents detail maintenance requirements and usage rules
Common Misconceptions Cleared Up
Let me clear up some confusion I often see:
You don't own your limited common areas - you have exclusive use rights
You can't make major changes without HOA approval
Maintenance responsibilities vary by building - check your documents
These rights transfer with unit sale unless specifically stated otherwise
What to Look for When Buying
Before purchasing a condo, evaluate:
The condition of assigned limited common areas
Specific usage restrictions that might affect you
Monthly costs for maintenance and upkeep
Ask these questions:
What are the exact HOA policies for limited common areas?
What insurance coverage do you need?
Can you make changes to these spaces?
Property Value Impact
Limited common areas can affect your condo's value. Well-maintained balconies, convenient parking spots, and ample storage space make units more attractive to future buyers. Market trends show that these features continue to influence buying decisions.
Ready to Make Your Move?
Understanding limited common areas helps you make smart decisions about condo ownership. At Bellhaven Real Estate, we guide you through every aspect of condo buying, including the ins and outs of limited common areas. Reach out to us for personalized assistance with your condo search.