Property Ownership
A condominium unit owner in Alaska holds:
AA leasehold interest in their unit
BFee simple ownership of their unit plus an undivided interest in common areas✓ Correct
CA cooperative share with rights to occupy a specific unit
DA tenancy in common interest in the entire building
Explanation
A condominium unit owner has fee simple ownership of their individual unit (from interior wall to interior wall) plus an undivided fractional interest in the common areas and facilities (lobby, elevators, roof, land). This is distinct from a cooperative, where residents own shares in a corporation.
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