SOFTWARE DESIGN
ARCHITECTURAL DESIGN
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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You can own this multifamily unit and share common ground. Common property is maintained through association fees paid by owners.
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Apartment
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Cooperatives
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Tiny Home
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Condominium
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Explanation:
Detailed explanation-1: -Common areas can include both functional areas of property, like hallways, lobbies, sidewalks, elevators and stairs, and amenities, like parking lots, swimming pools, parks, gyms and laundry facilities. If people in a residential building or development are free to use a space, it is likely a common area.
Detailed explanation-2: -COMMON ELEMENTS CONDOMINIUM CORPORATIONS This type of condominium corporation has no units and only has common elements such as a road, a golf course, or a ski hill. Owners enjoy the common elements and jointly fund their maintenance and repair through the payment of the common expenses.
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