Which of the following is a form of housing in which the owners pay a monthly fee for maintenance of the common areas?
Understand the Problem
The question is asking which form of housing requires owners to pay a monthly fee for maintenance of common areas. The options provided include various types of housing.
Answer
A condominium.
The final answer is a condominium.
Answer for screen readers
The final answer is a condominium.
More Information
Condominiums are individually owned residential units in a larger complex where owners pay fees for maintenance of shared areas.
Tips
Make sure to distinguish between different types of housing that may have associations or fees.
Sources
- Condominium - Investopedia - investopedia.com
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