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A co-op is an apartment building owned by a corporation where residents of the building are stock holders- When you buy into a co-op, you buy shares that reflect the dollar value of your space- The larger and more desirable the space you want requires purchase of more shares.

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The three main similarities between mortgages and car loans are that both are: Installment loans. Types of secured loan. Have a fixed payment period


A co-op is an apartment building owned by a corporation where residents of the building are stock holders- When you buy into a co-op, you buy shares that reflect the dollar value of your space- The larger and more desirable the space you want requires purchase of more shares.






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