Property Ownership
Under the PA Condominium Act, common elements versus limited common elements differ in that:
ACommon elements are owned by the association; limited common elements are owned by individual unit owners
BCommon elements serve all unit owners; limited common elements serve only specific unit owners (e.g., a balcony serving one unit)✓ Correct
CCommon elements can be sold; limited common elements cannot
DLimited common elements require separate insurance policies
Explanation
Common elements (hallways, roofs, lobbies) are for the use and benefit of all unit owners. Limited common elements are portions of common elements allocated to specific units — a unit's exclusive balcony, parking space, or storage unit. Both are owned as a percentage interest by all unit owners but limited common elements have restricted use.
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