Topic: Difference between Co Ops and Condos
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Answers to Common Questions
How to Buy a Co-op or Condo
If you're considering buying a condominium or co-op instead of a single family home, be aware that there are distinct differences to owning each property. Single family dwellings require the homeowner to do routine maintenance and make nece... Read More »
Source: http://www.ehow.com/how_6292897_buy-co_op-condo.html
How to Sell a Condo or Co-op Apartment
Selling a condo or an apartment is different from selling a home because the type of person who you market to is different. Follow these steps to successfully market your condo or apartment. Read More »
Source: http://www.ehow.com/how_7231_sell-condo-co.html
How to Buy a Condo or Co-Op Apartment
Buying a condominium or cooperative apartment is a lot like buying a single-family home, but there are things to consider that are unique to this type of property. Read More »
Source: http://www.ehow.com/how_5837_buy-condo-co.html
More Common Questions
Answers to Other Common Questions
Condominiums (condos) and co-operative apartments (co-ops) are similar to single family homes, in that home ownership offers tax advantages and property appreciation, as well as many of the traditional rights and responsibilities unique to ...
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Source: http://www.ehow.com/how_2071713_know-condo-from-coop.html
Jessica, To further elaborate on Michael's explanation, the definition of a stock cooperative is as follows: “Stock cooperative” means ownership of the land and buildings by a corporation, in which tenants own shares of stock and thus are e...
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Source: http://www.trulia.com/voices/Home_Buying/What_s_the_difference_be...
The day-to-day life in a condo or a co-op is much the same and the typical resident usually wouldn't notice any difference..MORE?
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Source: http://www.chacha.com/question/what-is-a-condo-co-op
Ownership... A Condominium owner holds a fee simple title to a unit and also a percentage of indivisible parts of a building, known as "common elements". A Cooperative owner owns personal property, shares in a corporation. A co-op owner has...
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Source: http://answers.yahoo.com/question/index?qid=20100921194609AAy0VUG
Owning a coop is like owning shares of stock in a company. You do not get a deed, but you do get shares which can be re-sold when you decide to move. The coop Board may have the right to refuse to allow your sale to go thru. Both condos and...
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Source: http://answers.yahoo.com/question/index?qid=20091226155431AARAnYx
Laura, In NYC the vast majority of apartments you can own are co-ops. Many rental buildings turned co-op in the 1980s in Manhattan, Brooklyn and to a lesser extent in the other boroughs. In recent years any new developments or conversions h...
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Source: http://www.trulia.com/voices/Home_Buying/What_is_the_difference_b...
A condo is short for condominium. An apartment is either rented or can also be called a condo (depending on where you live). For example where I live, a condo and apartment are interchangeable terms. A co-op is short for a cooperative. What...
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Source: http://answers.yahoo.com/question/index?qid=20100729212516AAPxeFj
