True/False
A condominium owner buys stock in a corporation, which owns the condominium; this stock gives the condominium owner a right to live in a condominium unit.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: Condominiums rarely contain restrictions on the use
Q3: A swimming pool in a condominium development
Q4: A cooperative owner generally does not have
Q5: A condominium owner's obligation to pay common
Q6: A swimming pool in a condominium development
Q8: A condominium form of ownership, once created,
Q9: A condominium association can foreclose and sell
Q10: Most condominium declarations require that fire insurance
Q11: The governing body of most condominiums is
Q12: Most cooperatives are financed by individual mortgages