Who holds title to the condominium units?

Prepare for the Ontario Condominium Management License Test with flashcards and multiple choice questions, each equipped with hints and explanations. Get ready for success!

The title to the condominium units is held by the owners. This means that the individuals or entities who have purchased the condominium units possess legal ownership and are responsible for their respective units. Ownership includes rights such as the ability to sell, lease, or make changes within the unit, subject to the rules and regulations set by the condominium corporation.

Tenants, on the other hand, do not hold title to the units. They lease or rent the units from the owners and therefore have no ownership rights over the property. Staff and condominium managers also do not hold title; they are typically employed by the condominium corporation to assist in the management and maintenance of the property. Their role is to facilitate the operations and uphold the condominium’s regulations, but they do not have an ownership stake in the units themselves.

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