Definitions for "Condominium declaration"
The basic condominium document that must be registered by the developer before the first unit is sold; this declaration thoroughly describes the entire condominium entity, including each unit and all common areas
The document which, when recorded, creates a condominium. Also called a master deed.
The declaration is a "charter" document that creates the condominium corporation. It defines the boundaries for each home and the common elements. It allocates responsibility for the repair and maintenance of the homes and common elements; outlines the condominium' s provisions regarding occupancy and use; specifies common expenses and each owner' s proportionate interest in the common elements; and details each owner' s percentage share of the overall common expenses.