In a condominium, who owns the common elements such as lobbies and hallways?

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Multiple Choice

In a condominium, who owns the common elements such as lobbies and hallways?

Explanation:
Common elements are owned by all the unit owners together through their ownership in the condominium. Each owner has an undivided, proportional interest in things like lobbies, hallways, and other shared spaces, managed on behalf of everyone by the condominium association. The developer may control things during construction and turnover, but the ownership of the common elements ultimately rests with the unit owners collectively (via the association). Individual owners own their own units, not the shared areas.

Common elements are owned by all the unit owners together through their ownership in the condominium. Each owner has an undivided, proportional interest in things like lobbies, hallways, and other shared spaces, managed on behalf of everyone by the condominium association. The developer may control things during construction and turnover, but the ownership of the common elements ultimately rests with the unit owners collectively (via the association). Individual owners own their own units, not the shared areas.

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