When we speak of a unit in a cooperative we're talking about a unit that is also owned as a tenancy in common and shared by all of the residents of the building in which it is housed.
Is this true or false ?
Take your time. The solution can be found below the wildlife photo.
A cooperative unit is one of which the building is owned by a corporation and a unit in which the resident actually owns shares.
Tenants in common areas are for condominium owners.