In apartments/condos, the owner association doesn't own just the common parts but the entire building and sometimes the land underneath (sometimes the land is l

In apartments/condos, the owner association doesn't own just the common parts but the entire building and sometimes the land underneath (sometimes the land is leased). You buy shares in the association, which comes with exclusive right of use of a designated subunit of the building. But the legal entity that owns the building (including your subunit) is the association rather than yourself. In the end, all property ownership rights are legal fictions and abstractions, even for American SFH where you pay yearly property tax to keep using the house/land that you "own".