What organization represents the holders of separate interests and portions of common areas in a condominium?

The correct response is that the organization which represents the holders of separate interests and portions of common areas in a condominium is the Condominium Corporation. In condominium governance, the Condominium Corporation is a legal entity established to manage and maintain the shared aspects of the property, including the common areas. This organization is formed when a condominium is created and is responsible for enforcing rules, collecting fees, and managing the maintenance of common facilities such as hallways, gardens, pools, and other amenities.

The role of the Condominium Corporation is critical, as it ensures that all owners' interests in their individual units and the collective interests in shared spaces are represented and protected. Members of the Condominium Corporation are typically the unit owners, which makes it a crucial component in the governance structure of a condominium.

The other choices, while related to condominium management, do not accurately describe the overarching legal organization that represents the interests mentioned. The Homeowners Association generally applies to planned communities and may not specifically represent condominium owners. A Condominium Board usually serves as a governing body within a Condominium Corporation, handling day-to-day operational decisions but does not encompass all owners' interests fully. A Residential Council is less formal and may refer to a group of residents, but it lacks the legal