Property Ownership
In New York, a 'condominium common element' includes:
AThe interior of each individual unit
BThe portions of the condominium shared by all unit owners, such as lobbies, hallways, elevators, recreational facilities, and the land✓ Correct
CThe parking spaces assigned to individual units
DThe furnishings in common areas purchased by the board
Explanation
Common elements in a New York condominium (under RPL Article 9-B) are all parts of the condominium other than the units themselves — including the land, exterior walls, structural elements, lobbies, hallways, elevators, stairways, mechanical systems, and recreational facilities. Each unit owner holds an undivided percentage interest in the common elements.
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