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Real Estate Licensing Maryland-Real-Estate-Salesperson Exam - Topic 15 Question 5 Discussion

Actual exam question for Real Estate Licensing's Maryland-Real-Estate-Salesperson exam
Question #: 5
Topic #: 15
[All Maryland-Real-Estate-Salesperson Questions]

What type of property is a condominium?

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Suggested Answer: C

Comprehensive and Detailed

A condominium is a form of ownership, not a type of structure.

It typically consists of multiple units (multi-family or multi-unit buildings) in which each owner holds title to their individual unit and shares ownership of common areas (e.g., hallways, pools, grounds) through the condominium association.

This differs from a cooperative (co-op), where residents hold shares and a proprietary lease.


Maryland 60-Hour Principles and Practices of Real Estate Pre-Licensing Course -- ''Forms of Real Estate Ownership'' Module

Maryland Condominium Act, Real Property Article 11-101 et seq.

by Allene at Nov 20, 2025, 09:38 AM

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Carey
2 months ago
Right! Condos share common areas, so it’s not single-family.
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Azzie
2 months ago
Definitely multi-family. Single-family doesn’t fit.
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Cristy
2 months ago
I feel like that’s more about co-ops, not condos.
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Herminia
2 months ago
But what about the proprietary lease option?
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Patria
2 months ago
Yeah, I agree! It’s designed for multiple families.
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Ashley
2 months ago
I think a condo is a multi-family property.
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Socorro
3 months ago
A proprietary lease? That's interesting!
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Ramonita
3 months ago
Wait, are you sure about that?
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Melissia
3 months ago
Yeah, I agree, it's multi-family for sure.
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Bernardo
4 months ago
Wait, is a condo a single-family property? That's like saying a mansion is a studio apartment.
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Nieves
4 months ago
A condo being a single-family property? That's a good one! D is clearly the wrong answer.
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Luisa
4 months ago
Hmm, I thought a condo always included landownership. Guess I was wrong.
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Marica
4 months ago
I'm pretty sure a condo has a proprietary lease, so B is the right choice.
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Elsa
4 months ago
I'm really uncertain about this one. I thought condos were single-family properties, but now I'm questioning that.
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Sarah
4 months ago
I feel like I practiced a question similar to this, and I think the answer is C, since condos are usually in buildings with several units.
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Shayne
5 months ago
I think a condo is considered a multi-family property because it has multiple units, but I'm not entirely sure.
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Rosalia
5 months ago
I'm not totally sure about this one. I'll have to eliminate the options that don't seem right and then make my best guess.
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Dahlia
5 months ago
I remember learning that a condo is a type of multi-family property, so I'm confident C is the correct answer.
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Rolland
5 months ago
A condo is definitely a multi-family property.
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Kattie
5 months ago
A condo is definitely a multi-family property. Option C is the correct answer.
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Kenneth
5 months ago
A condo definitely has a proprietary lease, not full landownership, so I'm going to select option B.
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Lajuana
6 months ago
I thought condos had landownership too?
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Lindsey
6 months ago
I remember something about condos having a proprietary lease, but I can't recall if that's specific to co-ops instead.
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Lorriane
6 months ago
Hmm, I'm a bit confused on the difference between a condo and a single-family property. I'll have to think this through carefully.
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Abel
6 months ago
I'm pretty sure a condo is a multi-family property, so I'll go with option C.
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Cyndy
20 days ago
Multi-family is the way to go for condos!
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Isaac
26 days ago
Yeah, single-family properties are different.
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Loreen
1 month ago
Agreed! They share common areas too.
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German
1 month ago
Definitely! Condos are usually in buildings with multiple units.
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Ahmed
1 month ago
I think you're right, option C makes sense.
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