Which statement is true regarding properties registered under condominium law?

In the context of condominium law, each unit within a condominium development is individually owned and has its own separate deed. This allows unit owners to hold title to their specific unit while also sharing ownership of common areas and facilities, such as hallways, swimming pools, and gardens. Individual deeds are fundamental to the structure of condominium ownership, as this legal framework enables owners to sell, encumber (mortgage), or otherwise transfer their ownership rights in their specific unit without impacting the ownership of other units.

The other statements do not align with the principles of condominium ownership. The idea that all units share a single deed is inaccurate because that would negate the individual ownership aspect vital to condominiums. Selling units only as a group contradicts the very nature of condominium ownership, where individual sales are commonplace and encouraged. Lastly, the notion that owners cannot encumber their units is misleading; owners typically have the right to mortgage or finance their unit, providing them with financial flexibility and options just like any other type of property ownership.