[Porsche-O-Phile]

Any RE experts know the specific/legal differences between a co-op property and a conventional condominium property?

I found an intriguing property yesterday that's part of a co-op, which pays all the property tax (at least for now, but supposedly there's some talk of changing the co-op over to a condiminium format in the future, which I see as an opportunity to gain some value in an otherwise declining market).

Any specific things to ask/research/watch out for with a deal like this? TIA.