A condominium is a type of property with shared ownership in which each owner owns the unit to which they hold title and jointly owns a portion of all the common property. The common property is maintained and operated by a Board of Directors.

Condominium Corporations are created when the Condominium Plan is registered at Land Titles. Registration creates a separate title for each unit. The owner’s share in the common property, expressed in unit factors, is shown on each title.