Definition of "Cooperative"

James Viscome real estate agent

Written by

James Viscomeelite badge icon

RE/MAX Prestige

A corporation that owns housing units and whose tenants purchase shares in the corporation equivalent to the value of their housing unit. Also called co-ops.

Comments for Cooperative

Tyler Bassett Tyler Bassett said:

Do you work with Mortgage lenders? Unless I'm missing something, I only see that you offer information on mortgage terms etc?

Nov 20, 2018  10:47:58

 
Real Estate Agent

Hey, Tyler!
Thanks for reaching out.
The OFFICIAL Real Estate Agent Directory® works only with Real Estate Agents but we have information on mortgage terms because a lot of home buyers have real estate questions regarding mortgage terms so we provide this database of terms to help them out. But we work with no mortgage lenders. If you need to contact one, you can try to reach out to one of our real estate agents in Herdon VA and see if they can direct you to one.

Good luck!

Nov 20, 2018  17:30:35
 
 
image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Heated structure needed to raise fowl. ...

Table demonstrating the relationship between the depth of a building lot form the street frontage and its market value. Street frontage is the greatest asset of a land parcel. The ...

Fee simple estate is a term used to describe ownership or freehold of an estate and the type of ownership of an estate. The possessory interest, also referred to as fee (a word derived from ...

Space that is available to all tenants or owners, such as a courtyard, main entrance, elevator, and pool. ...

Provision permitting a lender to charge the borrower a penalty for repaying a loan before its due date. ...

In real estate, the term "preamble" refers to an introductory statement that outlines the fundamental principles and goals guiding the industry's practices. Specifically, in the National ...

Identifying marker of a company. Attesting to something such as the validity of an instrument used in real estate. ...

Notion that a buyer should not pay more for a property than it would cost to buy at current prices for land, labor, and appraisals. ...

When we discuss loans, it is essential to know that there can be many types of loans and there also are open-end loans and closed-end loans. In regards to closed-end loans, these often work ...

Popular Real Estate Questions