These two entities – a housing cooperative and a housing community – have different legal status and different specifics of activity. A housing cooperative (SM) is an economic entity that has legal personality and operates under the Act of 16 September 1982 – Cooperative Law and the Act of 15 December 2000 on housing cooperatives and based on registered statutes. Members of a cooperative have a cooperative ownership right to real estate or a cooperative tenancy right to real estate. In turn, a housing community (WM) is an association of residents that does not have legal personality and is not an economic entity. However, it has legal and judicial capacity. A member of the community may be any person who, under a notarial deed specifying the rights and obligations arising therefrom, acquired the ownership right to premises. It is possible to separate a real estate from the resources of a cooperative and create a housing community.