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

Law involving noncriminal issues such as breach of contract, libel, slander, and accidents. ...

A sash window having two vertically moving sashes respectively offset by sash weights. Each sash closes a different part of the window. ...

Drain facility usually underground for waste and water disposal consisting on connected pipes. ...

The net operating income definition is the total profit generated by a business or real estate development after the necessary operating expenses are taken out. In order to determine the ...

Language commonly used in a fee simple title conveyance. The significance is whether the title is clear and can be passed on to the purchaser's estate including all heirs and those who may ...

Amount invested in property in cash. ...

The definition of acquisition cost in real estate is the total cost recorded by a company or individual pertinent to the purchasing of a property. This is the entire amount written down in ...

Percentage of rentals estimated not to be made because of actual and anticipated vacancies. ...

Court or government regulatory order to stop doing something, such as not showing minorities certain neighborhoods. ...

Popular Real Estate Questions