Which of the following is NOT required to be included in a valid declaration of condominium?

The correct choice indicates that the monthly dues for each unit are not a requirement for a valid declaration of condominium. A declaration of condominium primarily serves to outline the essential legal framework for the property, including how it is structured and governed.

The legal description of the land is crucial as it identifies the specific location, boundaries, and characteristics of the property involved. This ensures that all parties are clear about what is being regulated.

The percentage ownership of common elements is also essential, as it determines how much of the shared facilities and spaces each unit owner owns. This is vital for understanding financial responsibilities and rights related to communal areas.

Identification of each unit by letter or number is important for clarity and organization within the condominium development, enabling precise communication regarding individual units.

While monthly dues are important to the financial management of a condominium community, they are not a legal necessity for the initial declaration. Instead, they may be included in the condominium association's bylaws or other governing documents, but are not a defining feature of the declaration itself. Thus, the exclusion of monthly dues from the requirements reflects this distinction.