Understanding Common Property vs. Exclusive Use Areas
When it comes to community living, like in complexes or estates managed by Home Owners Associations (HOAs) or Bodies Corporate, understanding the difference between Common Property and Exclusive Use Areas is essential for homeowners and trustees alike. Here’s a quick breakdown of these two important terms in property management.
When it comes to community living, like in complexes or estates managed by Home Owners Associations (HOAs) or Bodies Corporate, understanding the difference between Common Property and Exclusive Use Areas is essential for homeowners and trustees alike. Here’s a quick breakdown of these two important terms in property management.
What is Common Property?
Common property includes all the shared spaces and amenities within a development. These areas are collectively owned and available to all residents and typically include:
Hallways, elevators, and lobbies
Gardens and courtyards
Swimming pools, gyms, and other facilities
Driveways and parking areas
The Body Corporate is responsible for maintaining these areas, with all residents contributing to upkeep costs through monthly levies. These funds ensure the common spaces remain functional, safe, and enjoyable for everyone.
What is an Exclusive Use Area (EUA)?
Exclusive Use Areas are technically part of the common property but are reserved for the use of a specific homeowner or unit. Examples include:
Balconies, patios, or small garden spaces linked to a unit
Allocated parking spaces or private garages
Storerooms for individual units
Although these areas are for a specific resident’s use, they still fall under the Body Corporate’s jurisdiction. The owner may be responsible for some maintenance or pay an additional fee as part of their levies.
Why It Matters
Understanding these distinctions helps owners know what they’re responsible for and how their levies contribute to the community. Common Property and Exclusive Use Areas each play a vital role in fostering well-maintained, enjoyable living spaces for all residents.
For more insights on property management and community living, explore our blog or contact our team at Cenprop Residential.
"The Essential Guide to Successful Property Management"
Download our FREE eBook
Get expert tips on tenant screening, maintenance, and more. Get your copy today and take the first step toward stress-free property management!