Last reviewed 10-31-2026Short-Sale.com Editorialglossary
Cooperative (Co-Op) Project
Fannie Mae
Updated 10-31-2026
Cooperative (Co-Op) Project
A residential or mixed-use building wherein a corporation or trust holds title to the property and sells shares of stock representing the value of a single apartment unit to individuals who, in turn, receive a proprietary lease as evidence of title.
Fannie Mae Glossary of Terms
Fannie Mae · p. 9
FTC
Updated 10-31-2026
Cooperative (Co-Op) Project
A project in which a corporation holds title to a residential property and sells shares to individual buyers, who then receive a proprietary lease as their title.
FTC Real Estate Terms
FTC · p. 5
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