Cooperative housing is different from both home ownership and apartment rental.  There are some elements of each in common.  

Everyone who lives in The Homes, Inc. is a part-owner of the corporate subdivision.  As such, like home ownership, there is more reason to become involved in the life of the neighborhood.

Like apartment rental, there are a list of rules all shareholders must follow.  These were designed to protect each shareholder's investment.

Before deciding to buy a share of stock in The Homes, Inc., familiarize yourself with these rules.  Decide whether you can live with them.  (See Rules and Regulations)

           There must ALWAYS be at least 1 stockholder who lives in each unit.