Section 4500 - Ownership of Common Area

Unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common area is owned by the owners of the separate interests, the common area is owned as tenants in common, in equal shares, one for each separate interest.

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Old Civil Code Section 1362

Unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common areas are owned by the owners of the separate interests, the common areas are owned as tenants in common, in equal shares, one for each unit or lot.

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Changes

Changes Made By Section 4500

Unless the declaration otherwise provides, in a condominium project, or in a planned development in which the common areas are area is owned by the owners of the separate interests, the common areas are area is owned as tenants in common, in equal shares, one for each unit or lot separate interest.