Understanding Condominiums and Co-Operatives Condominiums and Co-operatives are legal structures that define both the exclusive rights and the shared rights of individuals who purchase a Unit/Percentage Interest in buildings created as one of these types of legal entity IMPORTANT FEATURES OF CONDOMINIUMS AND CO-OPERATIVES FOR THE PURCHASER Condominium Co-operative (No Shared Liability) Purchaser acquires …
September 17, 2014