Because a co-op is technically not a "home" it does not charge a homeowner's fee.

Name: Because a co-op is technically not a "home" it does not charge a homeowner's fee.
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Quizplus · Accepted Answer

While a co-op may not be a traditional single-family home, it is still a type of residence, and therefore may charge fees to cover maintenance, repairs, shared amenities, and other expenses. These fees may be called a maintenance fee, as opposed to a homeowner's association fee, but they serve a similar purpose.

Because a Co-Op Is Technically Not a "Home" It Does