omplex individuals can buy shares in the corporation, just like buying shares in any other company, but these shares entitle the owner to occupy a particular apartment or house within the complex. If the cooperative member has a loan that is secured by their ownership documents or stock certificates they can deduct the yearly interest paid on that loan. This makes home ownership available for some people who would otherwise not be able to financially. Instead of owning a particular unit in the complex, like a condominium, the members of the cooperative collectively own their entire complex.
             Communal living is based on the voluntary sharing of a way of life by a group of people. In order to uphold this idea the cooperative must ensure that the new members also understand and follow these rules. A membership committee made up of existing members of the cooperative must approve all prospective members. This is the most important distinction between a condominium and a cooperative. The application of a potential purchaser cannot be rejected for reasons such as age, gender, race, religion, or sexual preference. However, there are only two grounds on which rejection can legally be held. If the membership committee believes that, "the potential purchaser does not have the financial capacity to live in the complex or if they have demonstrated an unwillingness or inability to comply with the rules of the cooperative then the potential purchaser may be rejected" (Clurman and Hebard 206). With the common understanding that the group can live better together than they can alone the welfare of the group is put before the comfort of an individual.
             Mount Madonna is a spiritual cooperative c
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