Property Ownership
What type of property ownership gives a condominium owner fee simple title to the interior space of their unit?
ACooperative ownership
BPlanned unit development (PUD)
CCondominium ownership✓ Correct
DTime-share ownership
Explanation
In a condominium, the owner holds fee simple title to the airspace within their unit and an undivided interest in the common areas. This differs from a cooperative, where residents own shares in a corporation.
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