Depends where you are at I suppose. In Ontario, Canada, owning a condo usually explicitly means you have partial owner of the land it is on. Yes, you have a "co

Depends where you are at I suppose. In Ontario, Canada, owning a condo usually explicitly means you have partial owner of the land it is on. Yes, you have a "condo corporation", which hires a management company, to do admin work, assessment, maintenance, etc, but it too is a "not-for-profit" (in practical, if not in legal sense) organization owned by and responsible to the condo owners. May be different for townhouses, but in my area, someone other than owner of condo owning the land would be unusual.