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Texas Real Estate Practice Exam Latest Update And Verified
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Question Number 16
A condominium owner enjoys a:
Fee simple ownership of the airspace in a unit and an undivided share of the entire property's common areas.
share in an association that owns one's apartment.
Tenancy in common interest in air space and common areas of the property.
The simple ownership of a pro rata share of the entire property.
✔ Correct Answer:
Fee simple ownership of the airspace in a unit and an undivided share of the entire property's common areas.
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