Respuesta :
The key difference between a cooperative and a condominium is the ownership structure and the similarities of residents live in separate units with shared common areas, such as a pool, recreation center or playground.
A condominium is a building with multiple sections where each unit has separate and unique ownership, but the common facilities are jointly owned. In an apartment building, for example, the private owners would each own one unit, but the owners of all the other buildings would collectively own the building's common areas, including the entrances, laundry rooms, elevators, and corridors.
The cooperative association either makes possible the building or uses a professional management to do so. Even though the maintenance of the building and its common areas is divided by all of the unit owners, the maintenance of each one of their own units is their sole responsibility.
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