A common question is regarding the boundaries of the condo, where exactly does it start? What exactly do you own, versus what is a common element? The answer is simple - check your status certificate. The main reason is that every single building is different and each building will have a different definition.
That said let's give you a better answer - let's take a closer look at the status certificate for The Galleria Phase 2 (238 Besserer) which will be fairly similar for those in a recently built highrise. Again, don't assume this is what is used by your building, check your own status certificate.
For the residential condo, the status describes the
- horizontal lower (floor) boundary as the upper unfinished surface of the concrete floor slab,
- horizontal upper (ceiling) boundary as the lower unfinished surface of the concrete slab above the unit.
It is explained using the concrete (rather than the drywall) since many buildings don't have finished ceilings!
Now for the vertical boundaries,
- The backside surface of the drywall on the exterior walls of each unit,
- In the vicinity of the structural walls and columns, (which shall not form part of the unit), the backside surface of the drywall that surrounds such walls and columns,
- In the vicinity of pipe and duct chases, (which shall not form part of the unit), the backside surface of the drywall surrounding such chases,
What about windows and exterior doors??
- In the vicinity of the windows and exterior doors, the unfinished interior surface of the windows and doors in closed position, the inner or unit side surface of the glass contained therein, and the unfinished interior surface of the window and door frames.
- the portion of the fireplace and flue lying within the unit boundaries described above shall form part of the unit.
To sum it up, in 238 Besserer and in many similar buildings you own the drywall and in. BUT always check your own status certificate!
Questions about your condo? Let's chat!