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Condominium ownership is an undivided interest in common areas with all other project owners, plus separate interest in the "air space" of a particular unit. Air space is:

  1. Space between outer boundaries of buildings

  2. Space between painted exterior walls (inner surfaces) of prescribed unit

  3. Space within prescribed boundaries indicated by legal description of project

  4. All of the above

The correct answer is: Space between outer boundaries of buildings

Air space refers to the physical space that is occupied by a unit within a condominium project. It specifically pertains to the area defined by the boundaries of a particular unit that a condominium owner exclusively possesses. The correct understanding of air space aligns with the definition provided in option C, where it indicates the space within prescribed boundaries as defined by the legal description of the project. This legal description typically includes the three-dimensional space a unit occupies, encompassing the air space above the floor and below the ceiling of that unit, as well as the walls. In addition to determining what air space encompasses, it’s crucial to recognize that air space can also involve interactions with the structural elements of the building, which is where the relevance of option A comes into play. Although it reflects a more general concept of space in relation to the outer boundaries of buildings, it may not adequately capture the precise definition associated with what specifically constitutes ownership of a unit within a condominium. Option B describes air space in a narrower scope as the space between the inner surfaces of the unit's painted exterior walls. While this option emphasizes the exclusive rights of the unit owner regarding the inner area of the unit, it does not fully encompass the complete legal definition. Since the nature of condominium ownership indeed emphasizes both the exclusive