A condominium is a type of co-ownership in which each owner holds absolute individual ownership of a unit based on a legal description of the unit's airspace, plus an undivided interest in the ownership of the common elements jointly with the other condo owners. Therefore, a condominium is a divided co-ownership, meaning that each unit is independent of the others and has its cadastre map. Each condominium owner pays a fee to support the maintenance of the common areas. A condominium association, HOA, will take decisions about the expenditures for repairs and handle administrative work to manage the complex's common areas.
The CR Congress, "Asamblea Legislativa," approved a law that modifies section 27 in the "Ley Reguladora de la Propiedad en Condominio". Law 10229 was published in La Gaceta on June 28, 2022.