A cooperative housing arrangement involves:

Question

Quizplus · Accepted Answer

A cooperative housing arrangement typically involves a nonprofit organization that owns a building and rents out units to its shareholders, who also have a say in the management and decision-making of the cooperative. It differs from individual ownership of a living unit, and is not necessarily government-supported or owned by a real estate developer. Factory-built and on-site assembly would pertain to modular or prefabricated housing, which is not specific to cooperatives.

A Cooperative Housing Arrangement Involves