Property Ownership
A condominium owner in Delaware has title to:
ATheir unit and a percentage interest in the common elements✓ Correct
BTheir unit only; the developer retains the common areas
CThe land beneath their unit
DOnly an air space interest with no real property ownership
Explanation
A condominium owner holds title to their individual unit plus an undivided percentage interest in the common elements (lobbies, hallways, parking areas, etc.) of the condominium development.
Related Delaware Property Ownership Questions
- What is 'constructive notice' in Delaware real estate law?
- An easement appurtenant in Delaware:
- What is a 'subordination, non-disturbance, and attornment agreement' (SNDA) in Delaware?
- What is a 'ground lease' in Delaware real estate?
- An encroachment occurs when:
- What is 'dedication by prescription' in Delaware?
- Which of the following best describes 'fee simple determinable' in Delaware?
- What is 'constructive eviction' and how does it give a Delaware tenant the right to leave?
Practice More Delaware Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Delaware Quiz →