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Real Estate Glossary

Cooperative housing

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Written by Luis Escobar

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

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

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Luis Escobar

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