what's the difference between a condo and a co-op?

[Lifer]

they're both apartments roughly the same size, while condo's seem more upscale.

 

[Buttzilla]

money???

 

[edmicman]

wrong! they are both marsupials!

 

[virtueixi]

April Fools! Good one.

 

[Lifer]

bump for some serious replies

 

[hdeck]

you buy a condo, you don't buy a co-op. in a co-op you are required to do chores with others that live in the co-op. i could go on but i'd rather not.

 

[amdskip]

Condo you own, pay monthly maintenance fees, etc. Not really sure how a co-op is different because it sounds like its pretty much the same thing.

 

[Lifer]

Originally posted by: hdeck
you buy a condo, you don't buy a co-op. in a co-op you are required to do chores with others that live in the co-op. i could go on but i'd rather not.

ehhh, that's not what a co-op entails.

 

[Lifer]

Originally posted by: amdskip
Condo you own, pay monthly maintenance fees, etc. Not really sure how a co-op is different because it sounds like its pretty much the same thing.

right, that's where i'm confused too.

 

[loup garou]

You don't own your living space in a co-op, you own shares in the cooperative corporation.

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