Ronald Logallo, Jr.
Cell: 631-335-7141
Email: Ron@YourLocalRealEstateGuy.com

Your Local Real Estate Guy

The Difference Between A Condo/ Co-op
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Difference between Condo and Co-op:

When you buy a condo you actually own Real Estate.  You get a deed with a condo.  When you purchase a co-op you are buying stock in a corporation.  You are a stock holder in a corporation that provides housing.  With a co-op you get a proprietary lease for about a 100 years.  A term that you will likely not out live!




           

Ronald Logallo, Jr.  -  Cell: 631.335.7141  -  Email: Ron@YourLocalRealEstateGuy.com

Multiple Listing Service Long Island - MLSLI

All information deemed accurate but not guaranteed...buyers and sellers should verify.

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