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Currently, the second biggest student housing co-op in the world is Berkeley Student Cooperative, formerly known as the University Students Cooperative Association, in Berkeley, CA with 1250 students living in 17 houses and 3 apartment complexes. Other large-scale co-op systems include MSU Student Housing Cooperative of Michigan State ...
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. Typically housing cooperatives are owned by shareholders but in some cases they can be owned by a non-profit organization.
Housing cooperative (or Co-op): a form of ownership in which a non-profit corporation owns the entire apartment building or development and residents own shares in the corporation that correspond to their apartment and a percentage of common areas. In Australia this corresponds with a "company title" apartment.
Cooperative education (or co-operative education) is a structured method of combining classroom-based education with practical work experience.. A cooperative education experience, commonly known as a "co-op" or work-study program, provides academic credit for structured work experiences, helping young people in school-to-work transition.
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 ...
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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.
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