One of the advantages of condominium ownership versus cooperative ownership is that
A) condominium ownership has no common ownership.
B) cooperative ownership is free from periodic dues from members.
C) cooperative ownership is usually corporate owned and sells stock through the secondary money market.
D) condominium units can be individually mortgaged.
Correct Answer:
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Q15: If you are an owner of a
Q16: In a condominium, which of the following
Q17: Restrictions on the type and color of
Q18: If a condominium unit owner defaults on
Q19: Each of the following ownerships combines common
Q21: The governing body of a cooperative is
Q22: State laws that provide the legal framework
Q23: Within a condominium development, common elements are
Q24: Condominiums developments are restricted to
A) residential dwelling
Q25: The rules by which an owner's association
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