Real Estate Glossary



  Common Areas

Those portions of a building, land, and amenities owned (or managed) by a planned unit development (PUD) or condominium project's homeowners' association (or a cooperative project's cooperative corporation) that are used by all of the unit owners, who share in the common expenses of their operation and maintenance. Common areas include swimming pools, tennis courts, and other recreational facilities, as well as common corridors of buildings, parking areas, means of ingress and egress, etc.

 

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Texas Hill Country Real Estate. Lake LBJ Homes for Sale.
Horseshoe Bay Realtor Keith Adams
RE/MAX Horseshoe Bay Resort P.O. Box 8886 Horseshoe Bay, TX. 78657
Proudly Serving the Texas Hill Country including Lake LBJ and Horseshoe Bay


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