Risks Of Buying A Coop. For example, an eagle 9 policy will insure the buyer for losses. Disadvantages of a cooperative organization:
These can add up quickly, particularly if the unit is expensive. (ii) groupism, favoritism and casteism in management. The cooperative distributes benefits to members in two ways:
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An eagle 9 policy insures the buyer’s interest in the cooperative corporation and protects the buyer from potential losses. Here is look at some of the overarching issues one should consider: Even though you can ignore property management chores outside your unit, you’ll still have to pay your portion of these expenses, which may be substantial. Disadvantages of a cooperative organization: