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by LuLu on October 4th, 2009

LuLu

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I'm thinking about buying an apartment. Can anyone tell me the difference between a condo and a coop and which one would I benefit more from in the long run?

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  • by saintellis on May 25th, 2011

    saintellis

    In a Condominum Development (usually) you'll get a title Certificate. Coop, usually you'll get proportionate shares as to Sq footage of your unit. eg. 1200sq ft unit owner may have 90 shares on the cooperation while owner of 2400 sq ft condo have 180 shares. These are examples and vary depending on location or country of develpment.

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