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2017 Colorado Revised Statutes
Title 38 - Property - Real and Personal
Real Property
Article 33 - Condominium Ownership Act
§ 38-33-102. Condominium ownership recognized
Universal Citation: CO Rev Stat ยง 38-33-102 (2017)
Condominium ownership of real property is recognized in this state. Whether created before or after April 30, 1963, such ownership shall be deemed to consist of a separate estate in an individual air space unit of a multi-unit property together with an undivided interest in common elements. The separate estate of any condominium owner of an individual air space unit and his common ownership of such common elements as are appurtenant to his individual air space unit by the terms of the recorded declaration are inseparable for any period of condominium ownership that is prescribed by the recorded declaration. Condominium ownership may exist on land owned in fee simple or held under an estate for years.
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