Property Ownership
In Maine, a condominium owner holds:
AOnly a lease interest in their unit
BFee simple title to their individual unit plus an undivided interest in the common elements✓ Correct
CA cooperative share in the entire building
DA life estate in their unit
Explanation
Maine condominium ownership (governed by the Maine Condominium Act) gives the unit owner fee simple title to their individual unit and an undivided percentage interest in the common elements shared by all owners.
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