In a condominium project, the pool is classified as what type of asset?

• A. Common element
• B. Unit
• C. Limited common element
• D. Personal property

Answer: (A)

In a condominium, ownership is divided into individually owned units and shared spaces called common elements. The pool is a shared facility that serves all residents and is owned by the condo association as part of the common elements. It isn’t part of any single unit and isn’t movable personal property, so it fits the definition of a common element. If there were an arrangement where a pool area was designated for the exclusive use of a particular unit or units, that area could be a limited common element, but absent that designation, it remains a common element.