Real Estate Glossary

Co-op

inflation calculator
Richard Wilson
Written by Richard Wilson

Short for housing cooperative, co-op is a kind of real estate that is unlike buying or owning a condo or renting an apartment. It refers to a housing unit both owned and controlled by a group of individuals who possess occupancy rights to the housing community. They all have equal shares and membership.

Short for housing cooperative, co-op is a kind of real estate that is unlike buying or owning a condo or renting an apartment. It refers to a housing unit both owned and controlled by a group of individuals who possess occupancy rights to the housing community. They all have equal shares and membership.

About the author

Richard Wilson

Richard Wilson

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.