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|Limited Common Property (LCP)|
LCP is common property that has been designated (in the strata plan) for the exclusive use of one or more owners.|
Listed below are assets that are usually designated on the strata plan as limited common property (LCP).
Fig. The "LCP" limited common property balconies (horizontal element) compared to the "C" common property walls (vertical element) of a building.
Fig. Balconies (LCP) shown on the strata plan