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Serving the boards of housing cooperatives nationwide by providing legal educational resources. The information provided herein seeks to assist directors with general information and should not be relied on for specific legal issues nor replaces the need to seek competent legal advice. This website is sponsored by the law firm of Pentiuk, Couvreur & Kobiljak, P.C. as a free service.

There are a number of reasons that a condominium unit can be rented out. Some are owned by investors who buy them looking to make a return, while others are owned by developers that are unable to sell them and need to cover their carrying costs.

On Behalf of Pentiuk, Couvreur & Kobiljak, P.C. | Oct 26, 2017 | Co-op Member Issues, Firm News Co-op housing is not for everyone, but it can offer several advantages over renting or private home ownership. Co-ops can be appealing alternatives to living in a house, condo, or apartment. For all their positive points, they can also have downsides.