Which statement is true concerning properties registered under the condominium law?

Which statement is true concerning properties registered under the condominium law?

• A. Each unit is rented and may not be sold
• B. All units share a single deed
• C. Each unit has its own deed and may be transferred individually
• D. Units can only be sold as a combined package

Answer: (C)

In the context of properties registered under the condominium law, each unit in a condominium is treated as a separate entity for ownership purposes. This means that each unit has its own deed, allowing individual ownership and the ability to transfer or sell that unit independently of others. This structure is a fundamental characteristic of condominiums, providing owners with the flexibility to buy, sell, or mortgage their individual units without affecting other units in the same complex. Understanding this structure is crucial because it distinguishes condominiums from other types of multifamily properties where ownership may be collective or managed differently. This characteristic is central to the concept of condominium ownership and provides clarity on how property rights are organized in this type of housing arrangement.

In the context of properties registered under the condominium law, each unit in a condominium is treated as a separate entity for ownership purposes. This means that each unit has its own deed, allowing individual ownership and the ability to transfer or sell that unit independently of others. This structure is a fundamental characteristic of condominiums, providing owners with the flexibility to buy, sell, or mortgage their individual units without affecting other units in the same complex.

Understanding this structure is crucial because it distinguishes condominiums from other types of multifamily properties where ownership may be collective or managed differently. This characteristic is central to the concept of condominium ownership and provides clarity on how property rights are organized in this type of housing arrangement.