What do you own when you buy a condominium?

Read your governing documents to identify the border between what you own in your unit individually and what you own outside your unit in common with all owners.

You may find that the border is 'the studs', 'the paint', 'the wallboard' and so forth.

Every condominium is different from every other condominium in terms of who owns what.

When you purchase your condominium the governing documents set forth the boundaries of your unit and the common areas. However, what you own in fee is your unit and a percentage interest in the common areas and the land that makes up the condominium parcel.