Definition
The equivalent of a TCT but specifically for condominium units. It proves ownership of a specific unit within a condominium project. The CCT includes the unit's floor area, parking slot (if any), and the owner's undivided share in the common areas.
Examples
- •Each condo unit owner receives a CCT after full payment
- •The CCT shows your percentage share in common areas
Tips & Best Practices
- ✓Verify that the developer has a License to Sell before buying
- ✓Check if parking is titled separately or included in the CCT
- ✓Review the Master Deed and Declaration of Restrictions
Related Terms
More in Legal Documents
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