How is common property defined in a condominium context?

In a condominium context, common property is defined as all the property shared collectively by the unit owners, where each member has an undivided interest. This means that while individual units are privately owned, the common areas—such as hallways, elevators, roofs, and recreational facilities—are jointly owned by all condominium members. Each owner has a proportionate share in the common property, giving them rights to use these areas in conjunction with others. This undivided interest ensures that all unit owners have a stake in the management and maintenance of shared spaces and facilities, fostering a sense of community and shared responsibility.

The other options do not accurately capture the nature of common property in a condominium setting. Individual ownership does not pertain to common property, as it is fundamentally about shared spaces. Similarly, common property must be defined within legal documents such as the condominium declaration or bylaws. Lastly, limiting access to only certain members contradicts the principle of shared ownership, as common property is intended for the use and enjoyment of all members.