Property Ownership
In Massachusetts, a condominium owner holds:
AA leasehold interest in their unit
BFee simple ownership of their unit plus an undivided interest in the common areas✓ Correct
CA cooperative share certificate
DA life estate in the unit
Explanation
Under Massachusetts Chapter 183A, a condominium owner holds fee simple title to their individual unit plus an undivided percentage interest in the common elements (lobbies, hallways, roofs, etc.) of the condominium complex.
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