Is the land considered a limited common element under HRS 514B?

In the context of HRS 514B, which governs the Hawaii Revised Statutes related to condominium property regimes, land is not considered a limited common element. Instead, land is categorized as a common element, which is the default classification for areas and features of a condominium that are shared amongst all unit owners. Limited common elements, conversely, are specific areas designated for the exclusive use of individual unit owners, such as balconies or designated parking spaces.

The reasoning behind classifying land as a common element is that it is integral to the overall structure and function of the condominium complex and is shared by all residents. Therefore, it is essential for the maintenance and management of the property as a whole.

In contrast, limited common elements are intended for the benefit of specific owners and are not available to all unit owners. This distinction is crucial in understanding ownership rights within a condominium setting in Hawaii, highlighting the shared nature of property rights compared to individual use rights.

This fundamental understanding reinforces why the answer regarding land not being classified as a limited common element is accurate.