Answer choices

A Ad valorem taxes are assessed against each individual unit for both condominiums and cooperatives. B Ad valorem taxes are assessed against each individual condominium unit, but a cooperative is assessed as a single entire property. C Ad valorem taxes are assessed against each individual cooperative unit, but a condominium building is assessed as a single entire property. D Ad valorem taxes are assessed based strictly on the square footage of the unit, regardless of whether it is a condo or a co-op.