Property Ownership

Under the West Virginia Condominium Act, the common elements of a condominium project are owned by:

AThe condominium developer until all units are sold
BAll unit owners as tenants in common, in proportion to their unit ownership interest✓ Correct
CThe homeowners' association as a corporate entity
DThe local municipality

Explanation

Under the West Virginia Condominium Act, common elements (hallways, parking lots, recreational facilities, etc.) are owned by all unit owners as tenants in common.

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