Meaning and definition of housing co-operative society
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Cooperative housing is an alternate form of ownership of homes and property, in which the property is owned by an organization and then sold as shares to the residents of the community. Cooperative housing splits costs on shared housing amenities, and is frequently used as a part of an intentional community initiative.
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Cooperative housing is an alternate form of ownership of homes and property, in which the property is owned by an organization and then sold as shares to the residents of the community. Cooperative housing splits costs on shared housing amenities, and is frequently used as a part of an intentional community initiative.
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