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Cohousing can be considered related to co-living as the concepts appear to overlap. Both co-living and cohousing have shared areas that benefit all, such as spaces for events or communal meals. Cohousing provides self-contained private dwellings (often houses but sometimes apartments), often owned by the resident, but sometimes rented.
A housing cooperative, or housing co-op, is a legal entity which owns real estate consisting of one or more residential buildings. The entity is usually a cooperative or a corporation and constitutes a form of housing tenure .
A housing cooperative is a legal mechanism for ownership of housing where residents either own shares (share capital co-op) reflecting their equity in the cooperative's real estate or have membership and occupancy rights in a not-for-profit cooperative (non-share capital co-op), and they underwrite their housing through paying subscriptions or ...
A condop, a portmanteau of the words condominium and cooperative (or "co-op"), is a co-op inside a condo. [3] Stepping back, condominium owners actually hold title to a piece of real estate. Co-op owners are actually shareholder-tenants with shares in and a long-term lease from the co-op corporation. In all co-ops, a corporation owns the building.
A building co-operative is a co-operative housing corporation where individuals or families work together to directly construct their own homes in a cooperative fashion. Members of this type of co-operative purchase building materials in bulk and co-operate with other members of the co-op during the construction phase of the co-operative.
Some co-ops are subsidized housing because they receive government funding to support a rent-geared-to-income program for low-income residents. There are other co-ops that are market-rate and limited equity, these types of cooperatives do not receive government funding and are not subsidized housing. [ 2 ]
Coop or Co-op most often refer to: Chicken coop or other animal enclosure; Cooperative or co-operative ("co-op"), an association co-operating for mutual social, economic or cultural benefit Consumers' co-operative; Food cooperative; Housing cooperative (as in "a co-op apartment") Building cooperative; Worker cooperative; Cooperative board game
A student housing cooperative, also known as co-operative housing, is a housing cooperative for student members. Members live in alternative cooperative housing that they personally own and maintain. Members live in alternative cooperative housing that they personally own and maintain.