Question

Which of the following is NOT TRUE about condominium ownership? a. The limited common elements can be sold separately. b. The ownership can be left to someone through a valid will. c. It can be mortgaged. d. All the land is owned as part of the common elements

Answer 1

Option a

Step-by-step explanation:

• Condominium ownership is a type of property possession including numerous unit residences where an individual claims their individual unit, however the basic regions are possessed in like manner. All individuals share in the expenses and support of the basic territories.

• All people share in the costs and upkeep of the customary domains.

• With ordinary townhouses, the unit proprietor as a rule claims the interior unit space and a portion of the enterprise; the organization possesses the outside of the structure land and basic region; on account of a freehold apartment suite the proprietor claims the land and assembling and the partnership claims basic shared roadways and enhancements.