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Travensol

05:35 Nov 19 2013 Calle del Canal de Isabel II, 2, 28189 Torremocha de Jarama, Madrid, Spain

  cooperatives

Description
A housing cooperative is one type of housing tenure. It is a legal entity, usually a corporation that is membership based, with membership granted by way of a share purchase in the cooperative. With limited equity, the co-op has rules regarding pricing of shares when sold. The idea behind limited equity is to maintain
affordable housing.
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