0
JCDenton Posted 18 years ago
Vocabulary
Please, who is in US "co-op board" ???
0 Hi my EF friends, 02 br
02 br
00 Please, I'm looking for the synonym and the meaning of the word "co-op board" ? Truth be told, I have no idea, what does this person do, anyway according to this article from NY times: 02 br
02 br
01 a 05 0 00 02 a 02 br
02 br
00 I would bet, that you're paying your month rent to this person. right? Can you please confirm it and describe me other duties of this guy.... 02 br
02 br
00 many thanks in advance... 02 br
02 br
00 regards 02 br
02 br
00 JCD 0240href http://www.nytimes.com/2007/02/18/realestate/18home.html?ex=1329368400&en=558f1561b204de33&ei=5124&partner=permalink&exprod=permalink
02 br
00 Please, I'm looking for the synonym and the meaning of the word "co-op board" ? Truth be told, I have no idea, what does this person do, anyway according to this article from NY times: 02 br
02 br
01 a 05 0 00 02 a 02 br
02 br
00 I would bet, that you're paying your month rent to this person. right? Can you please confirm it and describe me other duties of this guy.... 02 br
02 br
00 many thanks in advance... 02 br
02 br
00 regards 02 br
02 br
00 JCD 0240href http://www.nytimes.com/2007/02/18/realestate/18home.html?ex=1329368400&en=558f1561b204de33&ei=5124&partner=permalink&exprod=permalink
Top answer
0 JC, I actually think this article does a very good job of explaining what a co-op is. You need to read the entire article. 02 br 02 br 00 A co-op is a special type of real estate situation - the other owners in the building elect people from among themselves to serve on the co-op board.
- 0 JC, I actually think this article does a very good job of explaining what a co-op is.
- You need to read the entire article.
- 02 br 02 br 00 A co-op is a special type of real estate situation - the other owners in the building elect people from among themselves to serve on the co-op board.
- It is not ONE person; it is a group of people.
- They will determine whether someone is allowed to purchase a condo that is for sale.
Get the Weekly English Kit 📬
New words, one handy idiom, and a 2-minute quiz — delivered to your inbox to keep your streak alive.
4 Answers
0
0 JC, I actually think this article does a very good job of explaining what a co-op is. You need to read the entire article. 02 br
02 br
00 A co-op is a special type of real estate situation - the other owners in the building elect people from among themselves to serve on the co-op board. It is not ONE person; it is a group of people. They will determine whether someone is allowe
02 br
00 A co-op is a special type of real estate situation - the other owners in the building elect people from among themselves to serve on the co-op board. It is not ONE person; it is a group of people. They will determine whether someone is allowe
00
0 Thanks GG for help! I must confess myself that I just skimmed that article at first time.. 05 0 05 1 00 and I got the wrong impression about the right meaning...I apologize for it... 05 2 05 3 02 br
02 br
00 Ok, I read the entire article, but I'm still confused about the one thing. Who can be the owner of that building? Is that the reality company or is the building mostl
02 br
00 Ok, I read the entire article, but I'm still confused about the one thing. Who can be the owner of that building? Is that the reality company or is the building mostl
00
0 Yes, it's owned by the people who own the apartments/condos in the building in the first place. 02 br
02 br
00 Let's say that there are 12 apartments, and six of them cost $2 million and $1 of them cost $1 million, so that's $18 million of value. Depending on the rules of incorporation, it could be that the people who own the $1 million apartments have a 1/18 share in the entir
02 br
00 Let's say that there are 12 apartments, and six of them cost $2 million and $1 of them cost $1 million, so that's $18 million of value. Depending on the rules of incorporation, it could be that the people who own the $1 million apartments have a 1/18 share in the entir
00
Related Questions