What is the major difference between owner-occupied housing and cooperative housing?

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Business

Koen Erickson

Today, 18:36

What is the major difference between owner-occupied housing and cooperative housing?

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Asia Woodward · Answer 1

The main difference between owner-occupied housing and cooperative housing is regarding its ownership. In Owner-occupied housing, the owner of the property is the one living in the property while in cooperative housing the owner of the property is the cooperative or a corporation.