An insurance policy is usually held by the association to cover the jointly owned parts of the property, while the individual owners carry insurance for the interior components of their unit. While in some parts of the country, most properties are fee simple, in the more densely developed suburban and urban areas, it can be hard to find desirable properties with that ownership type. Likewise, if they want to do construction in the garage right above your parking space, and the construction debris makes it impossible to park, you can do little because you don't actually own the parking space. In a condo, windows and doors are usually considered to be interior.As a result, maintenance of the doors and windows will be the homeowners responsibility. Likewise, the overlords had a responsibility to protect these workers. This Site is affiliated with CMI Marketing, Inc., d/b/a CafeMedia (“CafeMedia”) for the purposes of placing advertising on the Site, and CafeMedia will collect and use certain data for advertising purposes. Most U.S. residents and Canadians are accustomed to Freehold or Fee Simple ownership, in which a condo owner rightfully owns the unit and a proportionate share in all common elements. The unit owners also have an undivided interest in the physical components of the buildings and land. Ala Moana Hotel Condo Bldg. The condo I am referring to today has been converted to fee simple. If so, each homeowner is required to be a member of the association. Another course of action is to ask a real estate attorney to review the documents for you. feet of living space. Our commitment to you is complete honesty: we will never allow affiliate partner relationships to influence our opinion of offers that appear on this site. » all Real Estate articles,