Which of the following statements identifies a key difference between condominiums and cooperative housing?
A) Condos tends to be less expensive.
B) Condo owners are not responsible for maintaining the common spaces in the building.
C) Co-op owners have more control over who can move into their building.
D) Co-op owners generally commit less time to the building governance.

Question

Quizplus · Accepted Answer

Cooperative housing requires prospective buyers to be approved by the board, which gives co-op owners more control over who can move into the building. In contrast, condo owners do not have as much control over their neighbors since each individual unit is owned separately.

Which of the Following Statements Identifies a Key Difference Between