What is the legal status of the title to a commonhold property?

• A. A type of freehold estate in land.
• B. A leasehold estate.
• C. A license.
• D. A copyhold estate.

Answer: (A)

Commonhold gives a freehold title to each unit. The owner holds the unit as a freehold estate in land, while the building’s shared parts are owned collectively by all unit holders through a commonhold association. This differs from leasehold, where the interest is a long-term tenancy created by a lease, and from a license, which is not an estate in land. Copyhold is an obsolete tenure. So the title to a commonhold property is a freehold estate in land.