In USA, and possibly in other locales, condominium is unique to a form of real estate ownership. A condominium community is governed by a set of governing documents that usually defines a board of directors who operate the corporation, and more.
In a cooperative society, there is no implied definition of real estate ownership, and the over-arching foundation is that everybody agrees about everything.
A condominium can be regarded as a private democracy, where owners vote on some items, and board votes generally define action that is taken by the corporation.
What are the similiarities and differences between cooperative business and joint stock business
cooperative society is a voluntary association of people for their common economic development. Types: consumer cooperative producers cooperative market cooperative credit cooperative framing cooperative
Yes, Cooperative society is a voluntary organization.
A credit cooperative bank is a financial institution that provides banking services, such as savings and loans, primarily to its members, who usually share a common bond, such as living in the same area or working for the same employer. In contrast, a cooperative society is a broader organization formed to meet the common economic, social, or cultural needs of its members, which can include various types of activities beyond financial services, such as agriculture, retail, or housing. While both operate on cooperative principles, the key difference lies in their primary functions and services offered.
the public function of a cooperative society is related work other then it's members
nigeria cooperative moverment in country
cooperative society is an voluntary association of people who get together voluntarily for their common interest and benefit.
as far as i know amul is a marketing cooperative society but still i am not sure regarding it
The motive of a partnership is to make profit while in co-oprative society is to improve the economic interests of membres.
yes
A cooperative societies or businesses are places where people can pay to have a share in a crop or livestock, as well as other products. They also help take care of the crop or livestock in turns. Some of these in Nigeria are: consumer cooperative society, thrift and credit cooperative society, retail and wholesale cooperative society.
society is singular and societies is plural