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Limited Common Elements

FreddieMac

Updated 10-31-2026

Limited Common Elements

Limited Common Elements are portions of Common Elements reserved for use by one or more unit owners but not all unit owners. Limited Common Elements are defined in the Project Documents, and may include, but are not limited to, balconies or patios serving a single unit, assigned parking spaces or storage bins.

FreddieMac Glossary

FreddieMac · p. 24

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