Question: Doug Developer has purchased property and intends to build a large building containing seventy units. He is unsure whether he would like to organize the
Doug Developer has purchased property and intends to build a large building containing
seventy units. He is unsure whether he would like to organize the building as a
condominium complex or as a cooperative. Explain the difference between a condominium
and a cooperative. Which structure do you think would be the most advantageous to buyers
of the building? Explain your answer.
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