Co-ownership parking

The legal status of parking spaces  varies from one co-ownership (condominium) to another, according to the provisions of the declaration of co-ownership (constituting act of the co-ownership). These spaces, intended for vehicle parking, can be located either underground or outside the immovable. It is essential to distinguish the spaces classified as private portions from others, which can be designated as common portions or common portions for restricted use; they each have their own characteristics.

For the board of directors, it is essential to understand the legal status of parking spaces to ensure an adequate distribution of the common expenses (condo fees) as well as an appropriate management of maintenance and any necessary work that needs to be done; similarly, it is essential for any buyer or co-owner to be informed of the legal status of these spaces to understand their rights of enjoyment or ownership regarding these spaces.

 

 

 

 

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