As discussed in my blog,
Introduction to Condominiums, the term "condominium"
refers to a system of ownership where a unit is owned separately by
the individual who purchases it, while the common elements
(hallways, elevators, lobby, walkways, swimming pool, front and
back yards etc.) are owned in common by all the unit owners. When
you own a condominium, you have individual title to your unit. At
the same time, each unit owner has an interest in the common
elements in a fixed proportion.
In order to facilitate this form of communal ownership of
property, individual unit owners have to make "common
expenses" payments in order to maintain the common elements of
the condominium. Since each individual unit owner depends on
the others to make their payments in order to maintain the
property, the Condominium Act, 1998 provides assistance in
enforcing the payment of common expenses. If a unit owner
defaults in payment of his or her common expenses payments, the
condo
