Cooperative housing involves the renting of a living unit by the people involved in ownership of the building on a nonprofit basis.

Name: Cooperative housing involves the renting of a living unit by the people involved in ownership of the building on a nonprofit basis.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Cooperative housing is a type of housing where residents own shares in a corporation that owns the building, allowing them to lease their living units on a nonprofit basis.

Cooperative Housing Involves the Renting of a Living Unit by the People