Ownership of an individual housing unit in a building is commonly called:
A) a cooperative.
B) modular housing.
C) manufactured housing.
D) a condominium.
E) zoned housing.

Question

Quizplus · Accepted Answer

Ownership of an individual housing unit in a building is commonly referred to as a condominium. Cooperative housing refers to a building where residents own shares in the entire building and have the right to occupy a specific unit, while modular and manufactured housing are types of prefabricated homes. Zoned housing refers to land-use regulations that determine the types of buildings that can be built in a particular area.

Ownership of an Individual Housing Unit in a Building Is