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17 CFR Parts 270, 275, and 279  Form

17 CFR Parts 270, 275, and 279 Form

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all right in today's video we're going to discuss cooperatives now i did a previous video discussing condominium regimes i'm going to put a link right up here in the upper right hand corner of your screen at some point you do need to check that out because cooperatives and condos they look very similar from the outside however there are some substantial distinct differences that you must know for your real estate licensing exam all right so let's start with those differences and those distinctions and the first one is a condo if you own a condo you actually have what's called fee simple title or fee simple absolute ownership that means that if this is a condominium regime and you own unit number one you actually have a single deed you have fee simple absolute title to unit number one and then you have tenants in common uh ownership with the other condominium owners in the regime uh you know of the common areas all right so you have an individual

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