Purchasers of a Cooperative buy shares in the apartment corporation allocated to a particular apartment. Ownership of the shares entitles the purchaser to a long term proprietary lease for the apartment. Maintenance charges are based upon the number of shares in the corporation allocated to an apartment.
- Before You Buy A Co-op Or Condo | PDF
- Cooperative & Condominium Conversion Handbook
- How to Handle Problems With A Co-op Board of Directors
Rules and Regulations