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URL:https://www.learndesk.us/class/5224100152737792/lesson/fcbd22ff8bffcf5c644f9433c421ddab?ref=outlook-calendar
SUMMARY:Coops, Condos, Timeshares, HOAs and CDDs  Snapshot Review 7
DTSTART;TZID=America/Los_Angeles:20260515T190000
DTEND;TZID=America/Los_Angeles:20260515T200000
LOCATION:https://www.learndesk.us/class/5224100152737792/lesson/fcbd22ff8bffcf5c644f9433c421ddab?ref=outlook-calendar
DESCRIPTION: COOPERATIVES 
Interests, rights, and obligations 
● ownership of shares in owning corporation, plus proprietary lease in a unit; the corporation has a sole, undivided ownership
Organization and management 
● developer forms association; buys property; incorporates; board of directors responsible for maintenance and operation
Cooperative disclosures
● 15-day and 3-day right to cancel with no waiver allowed ● plans and specifications for completing unfinished parcels
CONDOMINIUMS 
Airspace and common elements 
● freehold ownership of a unit of airspace plus an undivided interest in the common elements as a tenant in common with other owners
Interests and rights
● may be sold, encumbered, or foreclosed without affecting other unit owners
Organization and management 
● owners&rsquo; association and board of directors determine management, hire managers
Owner Responsibilities 
● maintain interior, insure contents, pay common area assessments
Condominium disclosures 
● 15-day and 3-day...

https://www.learndesk.us/class/5224100152737792/lesson/fcbd22ff8bffcf5c644f9433c421ddab?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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DESCRIPTION:Class Reminder
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