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Read your governing documents to determine who owns the driveway.
If you have exclusive use of it, it may be limited common area.
If others also use the same driveway, it may be common area.
However, it's also possible that you own it individually, but this is the least common option.
AnswerThere are many variables and the following is one type of arrangement. Generally, if the townhouse style garage is for use of a single unit the single driveway use would be exclusive unless there are side-by-side garages with an extra wide driveway. In that case the driveway would be shared. In either case it is not likely the driveway would be considered part of the common areas of the condominium.
You should review your deed to determine if you have an exclusive right to the driveway. Any exclusive rights should be mentioned in the deed. If you still have questions you should call the attorney who represented you at your time of purchase. Parking rights are an important issue relating to the purchase of a condominium unit. You should have known your rights before you moved in. Your particular parking rights should be detailed in the title examination performed at the time of purchase.
If you are thinking of buying a unit you can contact the unit owner's association to inquire about parking for any particular unit or in general.
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What is the difference between a townhouse and a condominium?
A condominium is a single housing unit that is usually attached to other units within a larger complex with common walls and the owners only own the inside of an individual unit, whereas a townhouse is a unit of consecutive series of similar residential units that may or may not share common walls, with two or more levels and may have front and back yards of their own. . A condominium is a unit that is part of a larger building, most share one or more walls with others. A townhouse is usually a row of units that are identical. In some regions townhouse also means two-story.
Does a townhouse own the land beneath it whereas a condominium owners own only the unit plus a part of shared common grounds and amenities?
Yes, typically the extent of the actual land owned in each is different.Generally, a townhouse is one of a row of attached dwellings that share common side walls. Therefore, a townhouse is an individually owned building attached in a row with other individually owned buildings. Each townhouse owner owns the land beneath that unit. To confuse the issue of townhouses, some condominiums are called townhouse condominiums. In that case the term refers to the style of the condominium buildings.A condominium unit owner owns a unit and a proportionate interest in all the land beneath the condominium community and the common areas based on the size of their unit. All the interests of all the unit owners would add up to 100%. That interest is expressed as, “Unit 201 including a .0987 percent interest in the common areas”.
Is the attached garage of a townhouse common property of a condominium?
Depending on what's written in your governing documents, an attached garage may be a limited common element, that is owned in common, but available to not all owners, owned outright by the unit owner or a common element. Read your governing documents to determine how your attached garage is owned. There is no standard.
Doesn't townhouse ownership include the land beneath it versus a condominium where owners own only their unit plus a part of shared common grounds and amenities?
When you buy real estate, you are entitled to understand exactly what is included in your ownership.For a condominium, you can read the governing documents that detail the boundary between what is privately owned and what is owned in common, including limited common areas dedicated for your use.If the townhouse is part of a community ownership scheme, those governing documents give these details.Finally, if you have a question about what you own, your local county tax assessor will be able to tell you exactly what is included in your property tax payment.
What is townhouse?
A townhouse -- which is a style of building, is owed by a condominium association, which is a style of real estate ownership. Condominium associations own all the common elements in the real estate development, each owner holding a percentage of ownership that relates to his/her allocated interest. In addition, the owner owns title to a unit. In this case, the interior of the townhouse is the unit -- boundaries between individual and association ownership defined in CC&Rs -- which is titled to an owner, together with that percentage ownership of all common elements owned by the association.
Is condominium unit considered real property?
Yes, a condominium unit is considered real property because it consists of a physical structure and land, which are the defining characteristics of real property. Each individual owns an interest in the unit and common areas, which collectively form the condominium property.
Who pays for property insurance in a condominium?
In a condominium usually the board pays for property insurance on all common areas. An individual owner pays for 4 walls, the ceiling, the floor, the inside of the door, and everything in between.
Is a locker or storage in a condominium a common property or limited common property?
Read your governing documents to identify which definition applies to your particular locker or storage area. There is no standard.
Neighbor parks car over property line of common driveway restricting access to your garage Can you prevent this parking while still allowing them access to your common driveway?
draw a line on the driveway that equally separates the two sides
What is a bare land condominium?
A bare land condominium is a type of condominium where each unit owner owns the land beneath their unit, as well as the unit itself. This differs from a traditional condominium where unit owners typically own the airspace within the unit boundaries. In a bare land condominium, unit owners are responsible for maintaining their individual units as well as the land surrounding it. This type of condominium is common in developments where each unit is a standalone structure, such as townhouses or detached homes.
What is the difference between buying a co-op apartment vs. a condominium?
One basic difference between these two types of real estate ownership may be the availability of lender financing. Generally, co-ops must be purchased with cash, and condominiums qualify for mortgage loans.
What is the definition of condominium?
A condominium is ownership in common with others whereby multiple owners own separate units in a structure (or structures) and a proportionate interest in the land and common areas.
