Property Ownership
In Tennessee, a condominium unit owner's ownership interest includes:
AExclusive ownership of the unit and an undivided interest in the common elements✓ Correct
BOnly a lease interest in the unit
COwnership of the entire building proportional to unit size
DNo rights to the common elements
Explanation
Condominium ownership in Tennessee includes fee simple ownership of the individual unit plus an undivided percentage interest in the common elements shared with other unit owners.
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