In a condominium project where all parking spaces are assigned in the deed for each unit, what is this an example of?

When parking spaces in a condominium project are specifically assigned to individual units in the deed, they are designated as limited common elements. This means these spaces are for the use of one or more, but not all, of the units within the condominium. The distinction lies in the fact that while the parking spaces are part of the common property that belongs to all unit owners, their use is restricted to the owners of certain units as delineated in the deed.

Common elements typically refer to areas that all unit owners share, such as hallways, pools, and fitness centers, without any exclusive use assignments. A prescriptive easement involves a right to use another person's property based on continuous and open use over time, which is not applicable in this context. Private convertible area is not a standard term in condominium law, adding to the clarity that limited common elements apply here. Thus, the assignment of those parking spaces signifies a limited use, reinforcing their classification as limited common elements.