Co-operatives and Co-ownership in Ontario

Real Estate vs Stocks: Which is Better For You?


I am having difficulty understanding the difference and which Forms to use.


Co-Operative – the Corporation owns the real estate, you are just a shareholder

Co-ownership – you actually own a percentage interest and you are on title

For a Co-Operative use Form 102

For a Co-ownership use Form 115

Kindly note, that even if you are “on title” in a co-ownership arrangement, if the property is large enough, you might have a Property Manager looking after maintenance. That’s the role of the “corporation” in that case.

For a Co-Operative – you are buying shares

For a Co-ownership – you are buying real property

Brian Madigan LL.B., Broker

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