Property Ownership
In Minnesota, a condominium owner holds:
AShares in a corporation that owns the building
BFee simple title to their individual unit and an undivided interest in common areas✓ Correct
CA leasehold interest in the unit
DA life estate in the unit
Explanation
Condominium owners hold fee simple title to their individual unit plus an undivided percentage interest in the common elements (hallways, grounds, amenities) shared with all other unit owners.
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