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Choose the correct word which can substitute the following words.

An apartment building in which each apartment is owned separately by the people living in it, but the shared areas are owned by everyone together.

Solution

✅ Correct Option: 1

A condominium is exactly this ownership arrangement: individual units held privately with common areas held jointly. A multiplex is a cinema with several screens, a duplex is a two-level or two-unit dwelling, and a caravan is a mobile home.

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