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That special class of common elements in a condominium project that is reserved for the use of one or more apartment(s) to the exclusion of other apartments. This would include assigned parking stalls, storage units, or any common areas and facilities available for use by one or more, but less than all, unit owners.

Any amendment of the condominium declaration that affects the limited common elements requires the unanimous consent of all those to whom the use is reserved. Any addition or alteration to a limited common element usually requires prior approval of the board of directors, which acts on behalf of the apartment owners’ association.
Dearborn Real Estate Education
This "Word of the day" is excerpted from The Language of Real Estate, 6th Edition by John Reilly (published by Dearborn Real Estate Education, 2006 copyright). To purchase the complete book, with over 2800 key terms and definitions, or to browse through Dearborn's hundreds of other professional real estate titles, including Real Estate Technology Guide by Klein, Barnett, Reilly, click here.
  

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