Property Ownership
In Missouri, a condominium owner owns:
AThe exterior of the unit only
BTheir individual unit in fee simple plus an undivided interest in the common elements✓ Correct
COnly an interest in the common elements
DThe land beneath the building
Explanation
Under the Missouri Condominium Act (Chapter 448 RSMo), a condominium owner holds fee simple title to their individual unit and an undivided percentage interest in the common elements shared with all owners.
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