What allows multiple owners to hold fee simple title in a condo?

The concept of condominium ownership allows multiple individuals to hold fee simple title to separate units within a single property. In this arrangement, each owner has a specific, defined portion of the property, often referred to as their "unit," which they own outright. This fee simple ownership means they have the right to occupy, use, and sell their unit without restriction from other owners.

Additionally, condominium ownership typically includes shared ownership of common areas—such as hallways, pools, and gyms—managed collectively by the condo association. This structure establishes a clear legal framework where all owners have both individual property rights and shared responsibilities, making it distinct from other forms of ownership like general partnerships, limited liability, or single ownership, which do not facilitate multiple, distinct ownerships of individual units within the same property setting.