Property Ownership
A NH cooperative (co-op) housing owner holds:
AFee simple title to their individual unit
BA proprietary lease and shares of stock in the corporation that owns the building✓ Correct
CA life estate in their unit
DAn undivided interest in common elements only
Explanation
In a co-op, the corporation owns the building. Residents purchase shares of stock in the corporation, which entitles them to a proprietary lease for their unit.
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