Elana is purchasing a property in Florida. After she closes, she will have fee simple ownership of 1/26 of the unit, and the ability to use the property for two weeks a year. What kind of property is she most likely purchasing? condo co-op duplex timeshare
Elana is purchasing a property in Florida. After she closes, she will have fee simple ownership of 1/26 of the unit, and the ability to use the property for two weeks a year. What kind of property is she most likely purchasing? condo co-op duplex timeshare
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
Related questions
Question
![Elana is purchasing a property in Florida. After
she closes, she
will have fee simple ownership of 1/26 of the
unit, and the
ability to use the property for two weeks a year.
What kind of
property is she most likely purchasing?
condo
co-op
duplex
timeshare](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa375c4da-f61c-4f53-b8de-0729a962e87b%2F33ae247e-586e-4b3f-9fdd-c6ed6ac048e0%2Feye5zyv_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Elana is purchasing a property in Florida. After
she closes, she
will have fee simple ownership of 1/26 of the
unit, and the
ability to use the property for two weeks a year.
What kind of
property is she most likely purchasing?
condo
co-op
duplex
timeshare
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