(a) Each apartment, together with its undivided interest in the common area and facilities, shall for all purpose, including the provisions of subtitle 2 of Title 33, constitute real property and may be separately conveyed, encumbered, leased or otherwise disposed of and may be inherited or devised by will, entirely irrespective of the building of which it forms part, and the separate title to each such apartment shall be recordable in the district in which the same is located.
(b) Each apartment owner shall be entitled to the exclusive ownership and possession of his apartment.
(c) Each apartment may be held and owned by more than one person as joint tenants, as tenants in common, as tenants by the entireties (in the case of husband and wife) or in any other real property relationship recognized by the laws of the Virgin Islands.