Legal Question in Real Estate Law in Arizona

condominium

What is the legal definition of a condominium?


Asked on 8/08/08, 1:39 pm

1 Answer from Attorneys
Brian Blum Blum Law Office, PLC

Re: condominium

Arizona Revised Statutes ("A.R.S.") 33-1202(10)

"Condominium" means real estate, portions of which are designated for separate ownership and the remainder of which is designated for common ownership solely by the owners of the separate portions. Real estate is not a condominium unless the undivided interests in the common elements are vested in the unit owners.

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Answered on 8/08/08, 2:12 pm


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