You recently bought a new home. You receive title to an individual residential unit and joint ownership of any common areas and facilities. You have purchased a:
A) single-family home.
B) cooperative apartment.
C) condominium.
D) row house.
E) mobile home.

Question

Quizplus · Accepted Answer

Condominiums offer individual ownership of a residential unit as well as joint ownership of common areas and facilities.

You Recently Bought a New Home