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November 11, 2009
John said:
Found this on one of your pages about condos vs co-ops…You sure that isn't supposed to be the other way around?
The comparison between a condo and co-op are often made when one is looking for a maintenance-free living space. Whereas condominiums can dictate the type of people that can live in their surroundings, a co-op is bound to a different set of laws. Since the federal fair housing laws apply to co-ops, no kind of discrimination is tolerated when it comes to potential shareowners. The only factors affecting a potential buyer include financial resources and having a criminal past.