The common elements are the portion of the condominium that are shared among the owners. This could include assets like the building’s amenities (pool, gym, etc.), but also includes less obvious items like the parking garage, the lobby, the corridors, the lighting, and virtually everything else that lies outside of the boundaries of the units themselves. These assets are co-owned, with each owner owning a percent that is proportionate to their unit size (Other methods of determining percent ownership exist as well). The percent ownership of each unit can be found in the corporation’s Declaration.