Property Ownership
In Colorado, a condominium owner owns:
AOnly an interest in the common elements
BA fee simple interest in their individual unit and an undivided interest in the common elements✓ Correct
COnly air rights above their unit
DA leasehold interest in their unit
Explanation
Colorado condominium owners hold fee simple title to their individual unit (the airspace within the walls) and an undivided fractional interest in the common elements shared by all unit owners.
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