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COOPERATIVE

Dictionary of Real Estate Terms

A system of individual ownership of stock in a corporation that. in turn, owns the structure. Each owner has an exclusive right to use his individual unit and must pay his portion of the debt encumbering the entire building. Compare, CONDOMINIUM .

See also: BOND , PITI , AGREEMENT , RECISION , JOINT OWNERSHIP AGREEMENT

Dictionary of Real Estate Terms INDEX:

List of Terms: Terms beginning with "A", Page 1

A B C D E F G H I J L M N O P Q R S T U V W Z

1 2 3

A: Page 1 of 3.

ABSTRACT	ACCELERATION CLAUSE	ACCRETION
ACKNOWLEDGEMENT	ACRE	ADDENDUM
ADJUSTABLE RATE MOR...	ADJUSTMENT INTERVAL...

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