Which statement about townhouse ownership is true?

The statement regarding townhouse ownership that is accurate involves owners being members of a non-profit organization that owns the common areas. In many townhouse developments, common areas such as landscaping, pools, and walkways are managed and maintained collectively. This is typically organized through a homeowners' association (HOA), which is often structured as a non-profit entity.

By being part of this non-profit organization, owners have a say in the management and maintenance of the common areas, as well as shared responsibility for any associated costs. This structure ensures that the interests of all owners are represented, facilitating decisions regarding the maintenance and improvements to these shared spaces. Consequently, associations can effectively enforce rules, collect dues, and maintain property values within the community.

Other potential statements reflect different models of ownership or management structures that do not accurately describe typical townhouse ownership arrangements. For instance, while tenants in common might own a shared property, townhouse ownership typically does not employ this structure for common areas. Additionally, while shareholding arrangements exist in some types of housing, they are not the norm for townhouses. Moreover, describing ownership of common areas in a purely horizontal manner fails to capture the legal and communal responsibilities inherent in townhouse ownership.