A condominium differs from a cooperative in that a tenant in the latter:
A) rents his apartment from the cooperative.
B) owns his apartment in cooperation with corporate owner.
C) owns all the space except the common areas.
D) owns only the internal space.

Question

Quizplus · Accepted Answer

In a cooperative, tenants do not own their individual apartments; instead, they own shares in the cooperative corporation that owns the entire building, and they rent their apartment from the cooperative.

A Condominium Differs from a Cooperative in That a Tenant