Veronica has recently completed her surgical residency and is tired of paying rent. she needs a residence that is very low maintenance due to her grueling surgical schedule. condos and stock cooperatives (co-ops) have both been high on her list. veronica differentiate between these two residential options.

a. a stock cooperative buyer receives a fee interest, or deed, to her unit. a condominium is a corporation formed to own the land. veronica would not receive a grant deed, but does share in the corporation and the right to occupy a specific unit.
b. a condominium buyer receives a fee interest, or deed, to her unit. a stock cooperative is a corporation formed to own the land. veronica would not receive a grant deed, but does share in the corporation and the right to occupy a specific unit.
c. a condominium buyer receives a fee interest, or deed, to her unit. a stock cooperative is a form of ownership in which each of the investors holds a specific unit and owns the right to occupy that unit for a specified period of time.
d. a condominium is a form of ownership in which each of the investors holds a specific unit and owns the right to occupy that unit for a specified period of time. a stock cooperative is a corporation formed to own the land. veronica would not receive a grant deed, but does share in the corporation and the right to occupy a specific unit