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?

AA condo always includes landownership.

BA condo has a proprietary lease.

CA condo is a multi-family property.

DA condo is a single-family property.

Show Suggested Answer

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

Limited Time Offer

25%

Off

Get Premium Maryland-Real-Estate-Salesperson Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Carey

1 day ago

Right! Condos share common areas, so it’s not single-family.

upvoted 0 times

...

Azzie

6 days ago

Definitely multi-family. Single-family doesn’t fit.

upvoted 0 times

...

Cristy

11 days ago

I feel like that’s more about co-ops, not condos.

upvoted 0 times

...

Herminia

17 days ago

But what about the proprietary lease option?

upvoted 0 times

...

Patria

22 days ago

Yeah, I agree! It’s designed for multiple families.

upvoted 0 times

...

Ashley

27 days ago

I think a condo is a multi-family property.

upvoted 0 times

...

Socorro

2 months ago

A proprietary lease? That's interesting!

upvoted 0 times

...

Ramonita

2 months ago

Wait, are you sure about that?

upvoted 0 times

...

Melissia

2 months ago

Yeah, I agree, it's multi-family for sure.

upvoted 0 times

...

Bernardo

2 months ago

Wait, is a condo a single-family property? That's like saying a mansion is a studio apartment.

upvoted 0 times

...

Nieves

2 months ago

A condo being a single-family property? That's a good one! D is clearly the wrong answer.

upvoted 0 times

...

Luisa

2 months ago

Hmm, I thought a condo always included landownership. Guess I was wrong.

upvoted 0 times

...

Marica

3 months ago

I'm pretty sure a condo has a proprietary lease, so B is the right choice.

upvoted 0 times

...

Elsa

3 months ago

I'm really uncertain about this one. I thought condos were single-family properties, but now I'm questioning that.

upvoted 0 times

...

Sarah

3 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.

upvoted 0 times

...

Shayne

3 months ago

I think a condo is considered a multi-family property because it has multiple units, but I'm not entirely sure.

upvoted 0 times

...

Rosalia

3 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.

upvoted 0 times

...

Dahlia

3 months ago

I remember learning that a condo is a type of multi-family property, so I'm confident C is the correct answer.

upvoted 0 times

...

Rolland

4 months ago

A condo is definitely a multi-family property.

upvoted 0 times

...

Kattie

4 months ago

A condo is definitely a multi-family property. Option C is the correct answer.

upvoted 0 times

...

Kenneth

4 months ago

A condo definitely has a proprietary lease, not full landownership, so I'm going to select option B.

upvoted 0 times

...

Lajuana

4 months ago

I thought condos had landownership too?

upvoted 0 times

...

Lindsey

4 months ago

I remember something about condos having a proprietary lease, but I can't recall if that's specific to co-ops instead.

upvoted 0 times

...

Lorriane

5 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.

upvoted 0 times

...

Abel

5 months ago

I'm pretty sure a condo is a multi-family property, so I'll go with option C.

upvoted 0 times

...