·                                 Market-Rate Coop - In a market rate cooperative, co-op units sell at a natural market value. This means that they are priced to sell at the highest price the market will allow, allowing you to build equity in your co-op at a similar rate to condos or other traditional real estate.

·                                 Limited-Equity Coop - In a limited equity cooperative, or LEC, co-op units sell at a price that is restricted by the co-op bylaws. This is usually done for the benefit of the co-op as a whole for tax, mortgage, and other monetary reasons. This usually creates an affordable housing situation, and many LECs have income restrictions for owners. This keeps co-op units priced affordably for people who need affordable housing.

·                                 Leasing Coop - Zero Equity - In a leasing cooperative the co-op corp. leases real estate from someone else, usually another not for profit corp. set up for this purpose. In a leasing co-op, the co-op never owns any real estate and never build any equity. In this situation, the cooperative owner never builds any equity in their coop unit, it's as though they were leasing or renting the coop.