In a condominium project, what is typically considered a common element?

Get ready for the Michigan Real Estate Salesperson Licensing exam. Study with multiple choice questions and hints, ensuring you're fully prepared for your exam!

In a condominium project, common elements are areas or facilities that are shared among all unit owners and are not owned individually by any one owner. The swimming pool fits this definition perfectly as it is a facility provided for the enjoyment of all residents in the condominium community. It is maintained collectively by the association and is accessible to all unit owners.

Individual units are privately owned spaces, and each owner has full control over their own unit, which is why they would not qualify as common elements. Similarly, parking spaces that are designated specifically for each unit are also considered separate and individual property assignments rather than shared resources. Balconies, while they may provide access to the outdoors, are often part of the individual units and thus, do not meet the criteria for common elements. Therefore, the swimming pool is the correct answer as it embodies the essence of a common element in a condominium setting.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy