In this Chapter the following definitions apply:
(1) Condominium. 147 Real estate, portions of which are designated for separate ownership and the remainder of which is designated for common ownership by the owners of those portions. Real estate is not a condominium unless the undivided interests in the common element are vested in the unit owners.
(2) Parking Facility. 148 Any outdoor or indoor area or space where more than three (3) motor vehicles may be parked or stored for a charge, fee or other consideration excluding as of July 1, 1985, all or any portion of the common elements or limited common elements of a condominium which are used for parking spaces where such parking spaces are used exclusively by one (1) or more unit owners or tenants of unit owners who are residents of that condominium.
Notes
147 | Added, 1987 Ordinances, p. 1163. |
148 | Renumbered and amended, 1987 Ordinances, p. 1163. |
149 | |
150 |