A form of housing ownership where the owner holds legal title to a specific housing unit and a proportionate interest in the common grounds and facilities is

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This description is specifically of a condominium, where individuals own their specific unit and a shared interest in the common areas and facilities. A cooperative involves collective ownership of the entire property by a corporation, and manufactured houses are typically mobile homes that may be owned by individuals but are not necessarily subject to shared ownership of common areas.

A Form of Housing Ownership Where the Owner Holds Legal