17 Condos & Co-ops Flashcards
1
Q
Condo Ownership
A
Fee Simple own inside the walls
2
Q
Co-op Mortgage called
A
Share Loan
3
Q
Condop 80-20 Rule
A
2 condos more than 20% comes from shareholders
Real Estate Exam > 17 Condos & Co-ops > Flashcards
Condo Ownership
Fee Simple own inside the walls
Co-op Mortgage called
Share Loan
Condop 80-20 Rule
2 condos more than 20% comes from shareholders