Property Ownership
What is an air space condominium in Nevada?
AA condo on the upper floors only of a high-rise building
BA form of condo ownership where the owner's unit consists of defined air space (the interior of the unit) rather than structural components of the building✓ Correct
CA condo with an open-air terrace
DAn undeveloped air rights parcel
Explanation
In Nevada condominiums, owners typically own the air space within the unit boundaries (interior surfaces), plus an undivided interest in the common elements. This is the dominant form of condo ownership in Nevada high-rise and mid-rise developments.
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