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In a condominium, you hold title to your unit and own real estate in common with all other owners.
In a co-op, you own shares in a corporation and are assigned a unit to which you do not hold clear title.
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What are the names of coop and condo buildings on Roosevelt Island?
A local realtor can answer your question.
Difference between decca and coop high school courses?
what is different between school and co-op
What's the difference between a condo and a duplex?
The word condo describes a form of ownership. The word duplex describes the style of a unit. Essentially, a condo could be in the style of a duplex or town house.
What is the difference between condo and vetro tower?
The difference is that a condo is a building or complex of buildings containing a number of individually owned apartments or houses. A vetro tower is a type of loft, and some lofts are not condos.
What is the difference between an apartment complex and a condo?
A condo is owned privately even if it is being rented the owner is renting it. Apartments are owned by businesses and are considered a business. They rent the apartment out to multiple people and that is how they do business.
Should you buy a condo?
In a coop, you buy shares in the entire building and then receive a proprietary lease that allows you to inhabit your apartment. A coop board has ultimate power and can determine whether or not you make any improvements to your unit, what you may keep on your terrace (if applicable), and all other communal matters including maintenance and assessments. In many coop you may not sublet or have pets. It is a strange form of "ownership." The coop board must approve any sales or purchases and can deny a proposed purchase without having to ever disclose any reasons for that declination. In the purchase of a condo the purchaser owns the specific unit outright, pays a common charge for such things as gardening, elevators, etc. Condo owners pay their own taxes and a free to buy and sell without a board's appr5oval. Where both forms of ownership exist, generally speaking condos cost more money to purchase at the outset than coops. Condo owners also have more freedom and may sublet if they wish to. Coop ownership exists in very few states including New York & Florida.
What are the top 10 Condo-Coop Buildings NYC as of July 2009?
"Top" is a relative term.You can go to the county assessor's office to research which buildings are the:LargestMost expensiveTallestand so forth.
Coop and condo rules for pets?
Every shared housing situation has guidelines for pets. Condominiums and co-ops also have governing documents, wherein you'll find the guidelines for pets.
What is the difference between condo insurance and town home insurance?
Nothing. They're the same exact thing. As long as the HOA has dwelling coverage on all the buildings this is all you need.
Whats the difference between a condo and an apartment?
Always, you can own a condominium. And some condominiums are called apartments. You cannot always own an apartment. When you cannot own an apartment, it is not a condominium.
Is it Coop or Co-op or COOP or coop or co-op?
it is Coop short cut in Cooperative...
What actors and actresses appeared in Whitehall - 2009?
The cast of Whitehall - 2009 includes: Callison Alcott as Coop Member Cedar Alcott as Coop Member Qiuyu Chen as Coop Member Bonnie Cox as Coop Member Bill Edelbrock as Coop Member Joanna Hawkins as Coop Member Sally Hayes as Coop Member Maddy Meehan as Coop Member Mike Melanson as Coop Member Ryan Miner as Coop Member Holly Werstein as Coop Member Meghan Wolff as Coop Member
