What does the condominium declaration identify?

The condominium declaration is a crucial document that outlines the governance of a condominium community. It typically includes detailed information about how the condominium is organized, including the apportioning of common interests and expenses among the unit owners. This means that the declaration specifies how costs for shared amenities and maintenance are divided among the residents, ensuring that owners understand their financial responsibilities related to common property.

Understanding this is vital for condominium owners because it directly affects their monthly fees and their rights in terms of using shared spaces. The declaration also serves to formalize the owners' share of ownership in the common areas, establishing a clear framework for management and financial obligations within the community.

While ownership of the land and voting rights of the owners are important aspects of condominium governance, they are not the primary focus of the declaration itself. The types of units available may be described elsewhere, but the declaration is specifically intended to clarify the financial and interest-sharing aspects that are critical to the operation of the condominium.