Dec 31 , 2015

Tampa School of Real Estate

Common Elements

Definition: The parts of a multiple-ownership property not included in each unit; those parts in which each unit owner holds an undivided interest.

Pronunciation: \ˈkä-mən\\ˈel-ə-mənt-s\

Used in a Sentence:   The pool area and game room are some of the common elements in the condo community.

C