§ 6662 Condominium Common Area Transfers

• •In a condo building, shared spaces like hallways or pools can't be split up or sold separately.
• •If you sell or lose your condo, you also sell or lose your share of the common areas.
• •If you sell your whole condo, you also give up your membership in the condo association.

You own a condo and decide to sell it.

When you sell your condo, you also sell your share of the common areas like the gym or parking lot. You can't keep your share of the gym if you sell your condo. Also, the new owner gets your spot in the condo association, not you.