CONDO BASICS (2)
In technical terms, condos are individual units clustered in a particular location or space. The space that specific condos occupy are recorded in a document called the Declaration, which is filed with the local governing body. The corporation which made the building housing the units hold this property in trust on behalf of the homeowners group, with the ownership right still belonging to the buyer of the unit. Within the owner’s condo unit, she may make alterations for decoration or utility purposes, as long as it is within the bounds of the contract and also, as long as the changes made would not violate the personal boundaries of the different units.
