Owners

Owners

The difference between a condominium and an apartment complex is legal: there is no way to know a condominium from an apartment simply by looking at or visiting the building. A condominium is a collection of individual home units and common areas along with the land upon which they sit. Individual home ownership within a condominium area is construed by the delineated boundaries as defined in the Master Deed.

At Shadowbrook, these boundaries include the drywall surrounding a room, allowing the homeowner to make some interior modifications without impacting the common area. Anything outside the boundaries is held in common ownership with the other unit owners.

The Condominium Trust holds this property in trust on behalf of the homeowners as a group. Condominiums have conditions, covenants, and restrictions, and often additional rules that govern how the individual unit owners are to use and share the space.