Property Ownership
Under Michigan's Condominium Act (PA 59 of 1978), the common elements of a condominium are owned by:
AThe developer until all units are sold
BThe condominium association exclusively
CAll unit owners as tenants in common✓ Correct
DThe municipality where the condo is located
Explanation
Under Michigan's Condominium Act, common elements are owned by all unit owners as tenants in common, proportionate to their percentage interest as defined in the master deed.
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