Co-operative ownership |
briensmith |
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Old School Posts: 102 | Co-operatives (or co-ops) are similar to condos but instead of owning your unit, you own a share in the entire building or complex.Co-op residents pay for maintenance and repairs through monthly fees and are subject to the rules and regulations of the co-op board.If you decide to sell your shares and move out, the co-op board has the right to reject your prospective buyer. Thanks
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