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 spouse's legal right, upon the death of his wife (or her husband), to a life estate in all lands she (or he) owned. ...

Ability of the size of the land to accommodate the desired economic purpose. An example is having enough space to build a supermarket to meet the needs of the community. ...

How one looks at things; opinion. An example is a prospective buyer of a house who considers the asking price to be a great deal. What something looks like at a distance. An example is ...

Number of housing units of a particular category that are available. ...

A property owner who lives in the property he also leases or rent to others. For example, John owns a two-family house. He lives in one side of the house and rents out the other side to the ...

(1) Individual or business that is engaged to do some sort of construction work for another for a fee. There are basically three types of contracting: A general contractor enters into a ...

The definition of obligee is the person to whom a debt or obligation is owed. An obligee is one party of a contract to who the other party, the obligor, is obligated. An obligee is also the ...

Land located next to water that has and will continue to experience water damage. The land generally is not suitable to build a structure on. In some cases, federal or local government may ...

One who sells real estate or other products. ...

Popular Real Estate Questions