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 Louisiana, condominiums are regulated under the Louisiana Condominium Act, which provides the legal framework for the creation, ownership, and governance of condominium developments. Each condominium unit owner has an individual ownership interest in their unit and a shared interest in the common elements of the property, such as lobbies, roofs, and other amenities. The common areas are maintained through the homeowners' association (HOA), which is typically managed by a board of directors elected by the unit owners. The HOA is responsible for enforcing the rules and regulations set forth in the declaration and bylaws of the condominium association. Unit owners are required to pay monthly or periodic dues to the HOA to cover the expenses associated with the upkeep, maintenance, and insurance of the common areas. These regulations ensure that the property is well-maintained and that the rights and responsibilities of all unit owners are clearly defined and upheld.