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

The seller disclosure is a statement made in good faith regarding the condition of the home he/she is trying to sell. There is a seller disclosure form – called “Form 17” ...

Determination made concerning the motivation of a testator in making devises of the will. A will can be contested if it can be proved the testator did not have rational motives when ...

A lien is a legal instrument by which one party – usually lenders and creditors - guarantees the obligation of a real estate owner to do something – generally repays the money. ...

Agreement by a lender to loan money to suitable borrowers within a given time period but without identifying those borrowers. ...

Thin layer or slate of baked clay, linoleum, or some other material that is used for covering floors, roofs, or as an ornament in a building. ...

Where property is sold to the highest bidder. ...

Value of a company's or person's name and reputation, As a result, the business will have a competitive edge, and generate better-than-typical future earnings. ...

Written agreement between two or more parties to extend the terms of a document. ...

The basic home inspection definition is well-known for everyone, right?However, when it comes to real estate, the term “inspection” can serve a bunch of purposes – but the ...

Popular Real Estate Questions