A condominium is a type of tenure or ownership. Typically, a condominium owner does not own the land, but rather the building or unit located on or above the land.
A draft plan of condominium is similar to a plan of subdivision in that it creates new parcels called Units. A significant difference is that condominium units are three-dimensional, and the Units may be parcels of land or air. Unit owners typically share in ownership and maintenance of "common elements" which comprise all other parts of a plan of condominium that are not privately owned.
A registered plan of condominium is a legal document that implements an approved draft plan of condominium. A registered plan of condominium shows:
the exact survey boundaries and dimensions of lots or units that have been created
the location and type of common elements
A registered plan of condominium creates new, separate parcels of land or air and can be legally used for the sale of lots or units.
There are four types of plans of condominium:
Standard Condominium Common Element Condominium Phased Condominium Vacant Land Condominium
A plan of subdivision is a legal survey that divides a parcel of land into smaller lots or blocks and secures the owner's responsibilities for development through a subdivision agreement. A plan of subdivision is generally required where more than three lots, new roads or extensions to existing roads or services are proposed and blocks for various uses like schools are parks are legally created. Easements can also be created through the subdivision process.
Applications for plans of subdivision are often accompanied by other planning applications such as zoning by-law amendment applications where the development standards for the uses in the various lots or blocks are established.