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Made, Stored and
Supported in the USA

Cooperative

A housing cooperative, commonly referred to as a co-op, is a corporation formed to share ownership in a single property among multiple residents. In a co-op property, residents purchase shares in the corporation that provide the right to live in a unit, rather than owning the underlying real estate or property. A cooperative more broadly refers to a business owned collectively by its employees and customers in order to share expenses, responsibilities, benefits or profits.