Last reviewed 08-20-2026Short-Sale.com Editorialglossary
COOPERATIVE (apartment)
California Department of Real Estate
Updated 08-20-2026
COOPERATIVE (apartment)
An apartment building, owned by a corporation and in which tenancy in an apartment unit is obtained by purchase of shares of the stock of the corporation and where the owner of such shares is entitled to occupy a specific apartment in the building. In California, this type of ownership is called a “stock cooperative.”
California Department of Real Estate Glossary
California Department of Real Estate · p. 10
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