An owner lives in a single family dwelling but HOA owns and maintains the grounds and shared facilities. What does the owner live in?

• A. Condominium
• B. Cooperative
• C. Single-family detached
• D. Townhouse

Answer: (A)

In a condominium setup, you own your individual unit but share ownership of the common elements with all other unit owners. The homeowners association owns and maintains those common areas—grounds, halls, pools, and other shared facilities—through regular fees. So if the HOA owns and maintains the grounds and shared facilities while you live in a single unit, this describes a condominium.

Cooperative ownership differs because residents own shares in a corporation rather than a deed to a specific unit. A single-family detached home is typically owned outright with its own land, not the HOA holding the common areas. A townhouse can involve a similar共同-area arrangement, but normally you own the unit and the land it sits on, with the HOA handling common areas. The described situation aligns best with a condominium structure.