John lives in an apartment and each month pays his rental payments. he is also considered a stockholder in his building and owns property. in what type of apartment does john live?

Cooperative

Explanation:

According to my research on different types of apartments, I can say that based on the information provided within the question john is living in a type of apartment that is known as a Cooperative. This is a type of housing where you own a part of a corporation that owns the building, you become a shareholder and each shareholder is then entitled to reside in a unit/apartment.

I hope this answered your question. If you have any more questions feel free to ask away at .

use this site