This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What are the benefits of co-op ownership? What will be an ideal ... (Read 32 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: Aug 2, 2018
What are the benefits of co-op ownership?
 
  What will be an ideal response?

Question 2

How is the co-op a form of real estate ownership?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

pami445

  • Sr. Member
  • ****
  • Posts: 303
Reply #1 on: Aug 2, 2018
Answer to Question 1

By spreading the cost of acquiring and maintaining real estate over a group of individual, co-op allow more individuals an affordable means of owning real estate. The common thread is that there is a common ownership interest with shared expenses. Co-ops can also be converted to specific purpose real estate ownership such as specialized housing for students, the elderly, and small businesses.

Answer to Question 2

In a co-op, the real estate is owned by a corporation. Individuals purchase stock in the corporation. Stock ownership includes the right to use and occupy a portion of the real estate owned by the corporation and resulting in a form of real estate ownership.


mynx

  • Hero Member
  • *****
  • Posts: 555
Reply #2 on: Aug 2, 2018
Thank you!


pami445

  • Sr. Member
  • ****
  • Posts: 303
Reply #3 on: Aug 2, 2018
Always glad to help...


« previous next »
 

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Cultures Ideal Body Types Cultures Ideal Body Types
Among the health benefits of marriage is a longer life. Among the health benefits of marriage is a longer life.
Fiber Has Many Health Benefits Fiber Has Many Health Benefits
Grind whole flaxseeds before eating them to best reap their nutritional benefits Grind whole flaxseeds before eating them to best reap their nutritional benefits
The Benefits of Physical Fitness (1 of 2) The Benefits of Physical Fitness (1 of 2)
The Benefits of Physical Fitness (2 of 2) The Benefits of Physical Fitness (2 of 2)
Video: Role of the urinary system - acidosis and alkalosis

For a complete list of videos, visit our video library