Property Ownership
Under the Wyoming Condominium Act, what is the 'common area' in a condominium project?
AAny unit that is for sale
BAreas owned collectively by all unit owners, such as hallways and parking lots✓ Correct
CThe unit of the condominium association president
DAreas reserved exclusively for the property manager
Explanation
Under the Wyoming Condominium Act, common areas (or common elements) are the portions of the condominium property owned collectively by all unit owners, including hallways, lobbies, parking areas, pools, and grounds.
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