Parkland Beach Condominium Associations
Thank you for visiting Hawk-Eye Management, serving Parkland Beach
condominium associations with professional property management services. Condominiums create an ownership situation in a multi-residential
building, usually where walls, pipes and wires are shared. Condominiums
began with high-rise buildings, but they may also include townhomes,
hotels and RV parks.
In a condominium, unit owners do not own the walls themselves, but they do own the airspace inside the walls, ceiling and floors. In other words, everything from the inner surface of the walls and ceiling is under your ownership. A unit owner also owns an undivided interest in the building itself, together with every other owner of the condominium association. In other words, you do not own a part of the building; but rather, you and the rest of the residents all share in the ownership of the entire building.
In a condominium, unlike a homeowners association, the association typically does not own anything. The association is a mandatory membership form of government whose members include every owner of the building. The association does manage and govern the building with the responsibility for maintaining most of the common elements, but it does not own the common elements; the membership owns an undivided interest in them with few exceptions.
Florida Statutes and Associations documents govern the manner in which business of the condominium is conducted.