As a condo owner, you’ll find that you have space that belongs to you as the owner and other spaces that are considered community property. With an HOA onsite, knowing what areas are considered community properties and covered by the HOA insurance costs you pay each month is important. Below are the areas that the HOA believes community property. 

1. Lobby or Foyer

When you first enter your condominium, you’ll enter a lobby or foyer before you find the stairs or elevators to the different condos. This area is a community space shared by all the condo owners and managed by the HOA. Any services that need to be done or maintained in this area are included with your HOA. 

2. Hallways

For large condos with multiple units in one hall, the hallway leading to each condo is considered community space and a part of the HOA. You may have rules about what you can have in the hallway and what items to leave out per your HOA. Any incident in this area must be claimed on the HOA insurance policy. 

3. Pool

One of the best things about some condos is the ability to share a nice pool. The HOA maintains the monthly funds each homeowner provides for expenses. They will oversee the chemical treatments for the pool and the maintenance in the area and ensure a fence surrounds the space so that only owners and guests can enter the pool area. 

4. Main Lawn 

While each condo may have a small patio in the square footage, the HOA shares and maintains the main lawn and green space. This governing body will ensure it stays maintained, groomed, and landscaped regularly for safety and aesthetics. 

If you want to purchase a condo in the Longwood, FL, area shortly, contact Express Insurance today for a personal quote.