Alberta Real Estate Licensing Exam Practice · Question
A condominium corporation in St. Albert is updating its rules and regulations. According to the Condominium Property Act, which of the following is considered common property?
Under the Condominium Property Act, common property generally includes structural components of the building like exterior walls, roofs, foundations, and land,
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Question: A condominium corporation in St. Albert is updating its rules and regulations. According to the Condominium Property Act, which of the following is considered common property?
Answer options:
- The interior finished surfaces of a residential unit (e.g., paint, carpet).
- The exclusive use balcony attached to an individual unit. ✅ The structural components of the building, such as exterior walls and roof.
- A designated storage locker that is separately titled.
Correct answer: The structural components of the building, such as exterior walls and roof.
Explanation: Under the Condominium Property Act, common property generally includes structural components of the building like exterior walls, roofs, foundations, and land, which are not part of a unit and are owned collectively by all unit owners.
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