Property Ownership
In Nevada, a condominium owner holds:
AA leasehold interest in their unit
BFee simple ownership of the unit's airspace plus an undivided interest in common areas✓ Correct
COnly an undivided interest in the entire building
DA cooperative share entitling them to occupy a unit
Explanation
A condominium owner in Nevada holds fee simple title to their individual unit (the airspace within the walls) and an undivided interest as a tenant in common in the common areas shared with other unit owners.
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