Under condominium ownership, a purchaser takes title to his or her individual unit and becomes a _____ with other unit owners in shared facilities.
A) joint tenant
B) tenant in common
C) tenant by the entirety
D) tenant in partnership

Question

Quizplus · Accepted Answer

Condominiums have become very common in the United States in recent years, even in locations outside urban and resort areas. Under condominium ownership, a purchaser takes title to her individual unit and becomes a tenant in common with other unit owners in shared facilities such as hallways, elevators, swimming pools, and parking areas.

Under Condominium Ownership, a Purchaser Takes Title to His or Her