What is the difference between a lot and common property?

Understanding this distinction is fundamental to body corporate ownership. **A lot** is the area of private ownership allocated to an individual owner — the interior of a unit, townhouse, or commercial tenancy. The lot owner is responsible for maintaining everything within the lot boundary. **Common property** is everything within the scheme boundaries that is not part of any individual lot. This typically includes: - Gardens, driveways, and car parks - External walls and roof - Pools, gyms, and shared facilities - Stairwells and corridors - Shared plumbing and electrical infrastructure The body corporate collectively owns and is responsible for maintaining common property. The boundary between a lot and common property is defined by the registered scheme plan. In most standard module schemes, the boundary is the inner surface of boundary walls, the upper surface of floors, and the under surface of ceilings. This article is general information only and not legal advice.