Property Ownership
A condominium owner owns:
AA share of the corporation that owns the building
BTheir individual unit in fee simple plus an undivided interest in the common elements✓ Correct
COnly a leasehold interest in their unit
DThe airspace of their unit but no interest in the land
Explanation
A condominium owner holds fee simple title to their individual unit plus an undivided percentage interest in the common elements (hallways, pool, grounds) shared with all unit owners.
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