OWNERSHIP Cooperatives and condominiums             Cooperatives A ­­­­­­­­­­­­­­­­­­­­­­­­­­­­cooperative is a leasehold in which tenants own stock in the corporation which owns the apartment building.  The corporation generally holds one title and one mortgage for the building, and tenants receive stock in the corporation and a personal property interest in the form of a proprietary lease. A board […]