Answered

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16. What is it called when you live in a building with other people, but own your own unit within that building and a share of the building itself?

A. Home
B. Apartment
C. Condo
D. Hotel

Sagot :

GinnyAnswer

Final answer:

Cooperative housing, also called co-ops, involves collective ownership of a building with shared decision-making and individual living units.


Explanation:

Cooperative Housing, also known as co-ops, is a form of housing where individuals collectively own the building and share common areas. Members purchase a share in the cooperative and make decisions together on its management. This model allows for shared ownership while still providing individual living units.


Learn more about Cooperative Housing here:

https://brainly.com/question/4050059


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