What is a cooperative wrt an apartment building?


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KumarM   
Member since: Jan 09
Posts: 881
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Post ID: #PID Posted on: 24-09-09 10:53:13

I have been offered an apartment for sale in Bangalore. The apartment building is considered a cooperative. I am not familiar with a cooperative. I know about apartment association.

I have been cautioned not to buy in a cooperative building as some of the papers such as sale deed of the apartment would be with the cooperative management and they can always play dirty. So I am in two minds.

Any inputs most welcome

KM





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