Cooperative interests require how many units?

• A. 1
• B. Two or more
• C. Three or more
• D. Five or more

Answer: (B)

Cooperative interests are the rights you hold as a shareholder in a corporation that owns a building, giving you the right to occupy a specific unit. This setup only works as a cooperative when there are multiple units inside the project so that there is a community of owners who share governance and responsibilities. A single unit by itself isn’t enough to form the cooperative structure—the whole concept relies on more than one unit being part of the same cooperative. That minimum is two units, which is why the correct choice is two or more. The other options either set the minimum higher than necessary or imply a single-unit arrangement could qualify, which does not fit how a cooperative is defined.