Property Ownership
Under Oklahoma's Condominium Ownership Act, common elements that are for the exclusive use of one unit owner are called:
ALimited common elements
BLimited common elements — these are parts of the common areas (such as a balcony, parking space, or storage unit) designated for the exclusive use of one or more specific units✓ Correct
CPrivate common areas
DReserved homestead elements
Explanation
Limited common elements under the Oklahoma Condominium Act are portions of the common elements that are assigned for the exclusive use of specific units (e.g., assigned parking spaces, individual balconies, storage lockers). They are still owned in common but exclusively allocated.
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