They also tend to be lower than in co ops because there is no underlying mortgage for a condominium building there is no board approval process like a co op typically you can finance up to 90 of the purchase price assuming you can get a mortgage for 90 and sublet them at will condominiums are the number one choice for flexibility. Real estate condominiums and co ops condominiums and cooperatives are known as common interest communities all the common space including hallways and corridors lobbies and common rooms and exterior grounds are commonly owned or maintained by all the tenants in the development although condominium ownership differs in significant . A timeshare is a form of property in which an individual purchases or rents a property for a set period of time per year usually used as vacation homes the guidelines and organization of timeshares can vary per agreement and can be defined through lease or ownership within a collective system or co ownership with other owners of the timeshare. 6833 co ops for sale in new york ny browse photos see new properties get open house info and research neighborhoods on trulia. Condominiums and co ops welcome to the condominiums and co ops section of findlaws real estate center condominiums and co operatives co ops are common interest properties that offer ownership interests that are different from those associated with traditional home ownership
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