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Posted by VT_Syrup on 6/22/12 5:53am
I'm not an attorney and don't give advice on specific situations. As I understand it a condominium unit owner owns the inside of the unit. The exact part of the wall/ceiling/floor that constitutes the boundary could vary from state to state or as declared in the document that creates the condominium, but in my state the default is the unit owner would own the wallboard but not the studs for the ceiling and walls, and the tile/rug/finished flooring on the floor but not the subfloor. The unit owner would not own the land under the unit. If, for example, the condo were condemned for a new highway, there would be one deed from the condo association to the government for the whole condo, and the owners would divy up the payment according to their ownership interest; there would not be one deed for the common areas and a deed from each unit owner. |
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