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Author Question: In this variety of common interest community, the individual does not own the real estate. Rather, ... (Read 42 times)

Garrulous

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on: Aug 3, 2018
In this variety of common interest community, the individual does not own the real estate. Rather, the realty is owned by a corporation. Individuals purchase stock in the corporation where ownership includes the right to occupy a portion of the realty owned by the corporation:
 
  A. Cooperative
   B. Condominium
   C. Time share
   D. Leasehold

Question 2

A fractional ownership of property, usually based on a time factor, such as a particular week or month each year:
 
  A. Condominium
   B. Co-op
   C. Fractional tenancy
   D. Time share


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Kaytorgator

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Reply #1 on: Aug 3, 2018
Answer to Question 1

A

Answer to Question 2

D


Garrulous

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Reply 2 on: Aug 3, 2018
YES! Correct, THANKS for helping me on my review

mochi09

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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