Property Ownership

Texas Property Code Chapter 82 governs condominiums. Under this chapter, a condominium owner holds:

AOnly a leasehold interest in their unit
BFee simple title to their individual unit and an undivided interest in the common elements✓ Correct
CA proprietary lease from the condominium association
DA cooperative share in the building

Explanation

Under Texas Property Code Chapter 82 (Texas Uniform Condominium Act), a condominium owner holds fee simple title to their individual unit plus an undivided proportionate share in the common elements (lobbies, hallways, recreation areas, land). This differs from a cooperative (co-op) where shareholders have proprietary leases.

Related Texas Property Ownership Questions

Practice More Texas Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free Texas Quiz →