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Exam term

Common elements

The parts of a condominium owned together by the unit owners, in which each unit owner holds an undivided interest.

Lessons that use this term

  • Cooperatives, condominiums, homeowners' associations, and time-sharing Florida
  • Trusts, ownership by business organizations, and what cooperative and condominium owners own New York
  • Condominiums: definition, by-laws, the sponsor, and the offering plan New York

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