03-02-2019, 04:14 PM
(03-01-2019, 10:36 PM)ijmorlan Wrote: Parking spots, even if owned, should be titled as separate units of their own. There is no good reason why an owner shouldn’t be able to sell their parking spot to somebody else, or agree to switch spots with somebody else, possibly for compensation.
This really depends on the specific condo corporation's declaration. Some corporations will provide a given unit with the right to park a vehicle (or two, as the case may be) in any available parking spot; others, including Kaufman and ours, have the parking spaces deeded to specific units. It is possible to transfer a parking space (declaration permitting) to another unit, but legal paperwork is required.
Of course, you can informally agree to swap deeded spaces with another owner, or rent your space to someone else. But actually transferring ownership requires deeding the space to someone else.