Which of the following statements is not true of condominium housing?
A) You will be assessed a monthly charge to pay for the upkeep of the common areas.
B) The term "condominium" does not refer to a particular type of housing unit such as a high rise apartment or an independent structure.
C) A prospective buy must be approved by the condominium association.
D) You are responsible for the financing of your residential unit.
Correct Answer:
Verified
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