What is the meaning of cooperative (co-op)?

cooperative (co-op) is a type of multiple ownership in which the residents of a multiunit housing complex own shares in the cooperative corporation that owns the property, giving each resident the right to occupy a specific apartment or unit.

4
 
|15 years ago|701 views|share |citing 
APABarry Goldsmith. (2010). cooperative (co-op). Retrieved September 23, 2026, from http://smartdefine.org/cooperative_(co-op)/definitions/1150803
ChicagoBarry Goldsmith. 2010. "cooperative (co-op)" http://smartdefine.org/cooperative_(co-op)/definitions/1150803 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, cooperative (co-op), Smart Define, viewed 23 September, 2026, <http://smartdefine.org/cooperative_(co-op)/definitions/1150803>.
MLABarry Goldsmith. "cooperative (co-op)" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/cooperative_(co-op)/definitions/1150803>