As a member of the co-operative you are a co-owner. You take part in decisions about the place you live.
How it works
When you move in you pay for co-operative shares. These are your contribution of equity. In return you receive a permanent right of use to your flat, with no time limit, no market rent and no arbitrary decisions by a landlord.
The monthly charge, comparable to rent, is calculated to cover costs. No profit is paid out; surpluses flow back into maintenance and new building.
Why this matters
In one of the most expensive housing markets in Germany the co-operative model offers real protection against displacement. Members who no longer wish to hold their shares have them repaid in full, without loss.
Legal relationshipmembership instead of a tenancy agreement, permanent right of use
Equityco-operative shares on moving in, the number depending on the size of the flat
Chargecalculated to cover costs, without intention of profit
Noticepossible at any time, shares are repaid
Securityno eviction for owner’s use, no market rent, no sale
Articles of associationDownload here (in German)