Question: What is the difference between a Condominium and a Cooperative property? a ) A condominium is where a person does not own the property but

What is the difference between a Condominium and a Cooperative property?
a) A condominium is where a person does not own the property but buys stock in the building that gives them the right to live in the unit and cooperative is where a person buys and owns the unit they live in.
b) A condominium is where the tenant buys the unit and a cooperative is where the tenant rents the unit.
c) A condominium and a cooperative property are two terms for the same thing.
d) A condominium is where a person buys and owns the unit they live in and a cooperative is where a person does not own the property but buys stock in the building that gives them the right to live in the unit.
 What is the difference between a Condominium and a Cooperative property?

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