Wordsmith Talk |
About Us | What's New | Search | Site Map | Contact Us | |||
Register Log In Wordsmith.org Forums General Topics Q&A about words .
Previous Thread
Next Thread
Print Thread
From a real-estate point of view a condo and a co-op are very different things. In the former you own your unit; in the latter you are a shareholder in a corporation that owns the entire co-op building.
Thus only the former gives you an "ownership" directly akin to the classic ownership of separate plot of land, with established rules that have developed as to precisely what rights that "ownership" means.
[P.S. And an attorney will have much more work, and a much higher fee, for converting a building to co-op rather than to condo.]
Moderated by Jackie
Link Copied to Clipboard
Forum Statistics Forums16Topics13,913Posts229,382Members9,182 Most Online3,341
Dec 9th, 2011
Newest Members Ineffable, ddrinnan, TRIALNERRA, befuddledmind, KILL_YOUR_SUV
9,182 Registered Users
Who's Online Now 1 members (wofahulicodoc), 272 guests, and 1 robot. Key: Admin, Global Mod, Mod
Top Posters(30 Days) A C Bowden 25
Top Posters wwh 13,858Faldage 13,803Jackie 11,613wofahulicodoc 10,569tsuwm 10,542LukeJavan8 9,919Buffalo Shrdlu 7,210AnnaStrophic 6,511Wordwind 6,296of troy 5,400
Forum Rules · Mark All Read Contact Us · Forum Help · Wordsmith.org