Definition : Parking space

Location of the building where the co-owners, lessees or occupants of the immovable have the right to park their vehicles. In divided co-ownership, the parking spaces may be qualified by the declaration of co-ownership as a private portion, a common portion, or a common portion for restricted use, as the case may be. This legal status, if it is a private portion, is attributed to it by the declaration of co-ownership, which designates it as a fraction.

http://www.condolegal.com/images/Boutons_encadres/A_retenir.pngWHAT TO KEEP IN MIND: In a decision rendered by the Superior Court of Quebec, it was held that an agreement between a syndicate of co-owners and a co-owner, relating to the use and payment of fees associated with a parking space, should be considered an indeterminate term lease.

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