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What’s the Legal Framework of Cooperative Housing?

A cooperative is a legal entity owned and democratically controlled by its members. Each housing co-op must register or incorporate in order to operate within the legal guidelines of its region or country.

Every co-op has its own rules or bylaws. If you’re considering joining a housing co-op, read their rules carefully to ensure that it’s a good fit for you.

Because of the pandemic, some co-ops have updated their bylaws to holding online meetings. Democratic governance is a key part of how housing cooperatives work.

Watch the video for more details.

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