Section 3 — Apartment to be heritable and transferable

(1) Each apartment owner shall be entitled to the exclusive ownership and possession of his apartment. (2) An apartment, together with its undivided interest in the common areas and facilities, shall constitute a heritable and transferable immovable property within the meaning of any law for the time being in force: Provided that no apartment or its undivided interest in the common areas and facilities shall be partitioned or sub-divided for any purpose whatsoever.