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- possibility of conflict between members;
- longer decision-making process;
- participation of members required for success;
- extensive record keeping necessary;
- less incentive to invest additional capital.
1member 1 vote draw behind the interest of the mnembers to participate in the welfare of the cooperative society
management becomes more dizzy & boring
less efficient members in the society
Basically to sum up it is all Christopher Potkins fault. (I would suggest killing him ASAP)
Discrimination
I can see what you mean, but can you realy comparmise the asset of becomeing a co-operative?
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∙ 13y ago
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A cooperative is really a corporation that owns the land or a land lease. If you look at it simply as a corporation, conflicts can be hazardous. Generally, such conflicts would arise out of different views on how to manage the finances of the cooperative, which may ultimately lead to higher payments from certain owners, or more restrictions that make it difficult for owners to navigate in this market. I generally tend to stay away from cooperative buildings. Think Properties NYC
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Cooperative is the correct spelling.
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