Is it possible to buy common areas in a condominium?

First of all, the condominium corporation must be advised of it as they need to prepare an application to evaluate the lot at issue.
Next, an expert surveyor will determine its value: he/she will assign a certain amount of thousandths to the new lot before establishing a new distribution of the condominium’s thousandths.
The buyback offer will then be added to the agenda of the next General Assembly (GA) and it is by the majority of two thirds of the condominium owners that the decision will have to be taken.
The same rule will apply to modify the distribution of charges.
Finally, the decision will become final once the two-month time limit during which the condominium owners can challenge the decision taken will have expired (article 42 of the Act of 10 July 1965).
It is a good idea to point out that surveyor and notary fees linked to the drafting of a new property description will be at the expense of the purchaser of the common area.