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Sandra purchases a condominium unit in a Montgomery County condominium development. Under the Maryland Condominium Act, which of the following best describes Sandra's ownership interest?

Correct Answer

A) Sandra owns her unit in fee simple and holds a tenancy in common interest in the common elements with other unit owners

Under the Maryland Condominium Act, Md. Code Ann., Real Prop. §§ 11-101 et seq., a condominium unit owner holds fee simple ownership of their individual unit and an undivided tenancy in common interest in the common elements proportionate to their percentage interest as defined in the declaration. This dual ownership structure — individual fee simple plus shared tenancy in common — is the defining characteristic of condominium ownership in Maryland.

Answer Options
A
Sandra owns her unit in fee simple and holds a tenancy in common interest in the common elements with other unit owners
B
Sandra leases her unit from the condominium association and shares ownership of the common elements
C
Sandra owns her unit in fee simple absolute with no ownership interest in any common areas
D
Sandra holds a cooperative share entitling her to occupy her unit under a proprietary lease

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Related Topics & Key Terms

Key Terms:

condominiumfee_simpletenancy_in_commoncommon_elementsmaryland_condominium_act

Related Concepts

The bundle of rights describes the rights associated with property ownership, allowing owners to use, control, enjoy, exclude others from, and dispose of the property.

Community property is a form of ownership recognized in certain states where property acquired during marriage is considered equally owned by both spouses, regardless of who earned the money or whose name is on the title.

Condominium ownership involves owning a unit of airspace within a multi-unit building plus an undivided interest in the common elements shared with other unit owners. Each unit is separately taxed and financed.

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