Assertion: housing cooperative | /r/HasProperty | legal mechanism
Facets:
value: for ownership of housing
type: PURPOSE
Source sentences:
text: A housing cooperative is a legal mechanism for ownership of housing where residents either own shares (share capital co-op) reflecting their equity in the cooperative's real estate, or have membership and occupancy rights in a not-for-profit cooperative (non-share capital co-op), and they underwrite their housing through paying subscriptions or rent.