Final answer:
The correct option is A) Condominium. In a condominium, the individual owns a specific unit within a larger building or complex, while also sharing ownership of common areas and facilities with other residents.
Step-by-step explanation:
The correct option among the given choices is A) Condominium.
A condominium is a type of housing in which the individual owns a specific unit within a larger building or complex, while also sharing ownership and responsibility for common areas and facilities with the other residents. This type of housing is commonly found in multi-family buildings where each unit is privately owned and the owner has control over their own dwelling.
For example, in a condominium, an owner may have their own private apartment or townhouse within the building, but they also share ownership of amenities such as a pool, gym, or parking garage with the other residents. This allows for a combination of individual ownership and shared communal spaces.