What is Housing cooperative?
A '''housing cooperative''' or '''housing co-op''' is an [[apartment building]] or similar development (such as a [[mobile home park]]), in which tenants own shares of the [[cooperative]] organization that owns the development. This ownership structure ([[housing tenure]]) is different from renting and [[homeownership]] in that co-op owners don't get exclusive possession of their units. Instead, they are granted the conditional right to reside in the units by a co-op board. Housing co-operatives are usually exempt from some of the anti-[[discrimination]] laws that other housing tenures must abide by. [[Category:Housing]] {{stub}}