An apartment building in which each apartment is owned separately by the people living in it, but also contains shared areas

One Word Substitution: Select the word from the options given below that best describes the given group of words:

Ques.: An apartment building in which each apartment is owned separately by the people living in it, but also contains shared areas-
Option A – Condominium
Option B – Multiplex
Option C – Duplex
Option D – Caravan

Answer & Explanation:

(Option A)- The correct answer is Condominium