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(redirected from Cooperative (real estate)) Also found in: Wikipedia. a form of cooperation in which the members are united for joint construction and use of housing units. The housing cooperative originated under capitalism as an expression of the struggle of working people against the housing shortage.
Real property is also referred to as real estate, realty, or land. Personal property is property that is not real property. Personal property is also sometimes called chattel or personalty. An interest in real property where there is no ownership interest is referred to as a chattel real. A mortgage lender's security interest and a lease interest are examples of chattel real.