Cooperative Apartment | Real Estate Glossary

Definition of "Cooperative apartment"

Apartment building in which each resident owns a percentage share of the corporation that owns the building.

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Formal allegations by all of the parties to an action including complaints, answers, and replies to ...

Determining the measurements of a specific location. ...

Assignment of a unit value to each of various medical procedures for the purpose of cost comparisons ...

Cash value of life insurance that accumulates according to a table in a policy. It reflects premiums ...

Process by which a lessee leases the property to another lessee. ...

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A loan origination fee is a fee charged by the lender-usually 1 percent of the loan amount. ...

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Freddie Mac is a name for the Federal Home Loan Mortgage Corp., which is a financial corporation cha ...

A Buildable acre consists of 43,560 square feet of residentially designated buildable land, after ex ...

A subdivision is a piece of land divided into several plots in which homes are built. ...

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