A condominium is a single unit of real estate—usually a home or residence—in a multi-unit residential development in which each owner of a unit has both a separate ownership interest (often everything inside the front door)—and a common ownership interest (with other unit owners) in the common areas of the property outside the front door—such as roofs, hallways, driveways, walkways, stairways, stucco, brick, paint, stone, and landscaping.

A condominium development is usually governed by a homeowners’ association (HOA) through its board of directors, elected by the homeowners as provided by the HOA’s declaration and bylaws. Unit owners or homeowners in the association are required to pay monthly HOA dues for the maintenance and repair of the common areas of the property and its insurance.

In Georgia, condominiums are governed by the Georgia Condominium Act, which provides a framework for the creation, ownership, and governance of condominiums. Each unit owner has an individual ownership interest in their unit and a shared interest in the common areas such as roofs, hallways, and landscaping. The common areas are maintained through a homeowners' association (HOA), which is typically managed by a board of directors elected by the unit owners. The HOA is established by a declaration and bylaws, which set forth the rules for the operation of the association and the rights and obligations of the unit owners. These rules include the requirement for unit owners to pay monthly dues for the upkeep of common areas, insurance, and other shared expenses. The Act also outlines the process for managing the condominium, including the election of the board, enforcement of the declaration and bylaws, and the handling of disputes among unit owners or between unit owners and the HOA.