PARCEL NUMBERS – How can I find the parcel number for the common area of our condominium complex?
We receive many requests seeking the common area parcel numbers for Condominium Associations. In reality, none exist in most cases. Once a property is converted to a condominium by means of a Declaration of Condo, the “parent” parcel number is typically deleted when the individual unit parcel numbers are created. Each owner then shares in an undivided interest or ownership for the entire property’s common areas. We understand various private entities — as well as some cities — require the use of an “overall” parcel number for the ease of doing business with a condominium. However, we cannot create a parcel number without placing a nominal value on the parcel — and this does not always coincide with legal land descriptions or state regulations. Our suggestion is to use the parcel number of the person within the condo association with the decision-making authority (usually the condo president or the treasurer authorized to make payments on behalf of the association). Please note that
We receive many requests seeking the common area parcel numbers for Condominium Associations. In reality, none exist in most cases. Once a property is converted to a condominium by means of a Declaration of Condo, the “parent” parcel number is typically deleted when the individual unit parcel numbers are created. Each owner then shares in an undivided interest or ownership for the entire property’s common areas. We understand various private entities — as well as some cities — require the use of an “overall” parcel number for the ease of doing business with a condominium. However, we cannot create a parcel number without placing a nominal value on the parcel — and this does not always coincide with legal land descriptions or state regulations. Our suggestion is to use the parcel number of the person within the condo association with the decision-making authority (usually the condo president or the treasurer authorized to make payments on behalf of the association). Please note that
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- PARCEL NUMBERS - How can I find the parcel number for the common area of our condominium complex?
