1.   And it can provide tenants with an update on house rules that may otherwise go only to unit owners.

2.   And they have discovered -- along with nearly every other unit owner in the building -- that their apartment is virtually unmarketable.

3.   At the same time, Shernicoff said, co-ops have an advantage over condominiums when dealing with unit owners who fail to make common charge or maintenance payments.

4.   Bank of New York Mortgage Co. offers mortgages for unit owners in qualifying co-ops.

5.   Barsky said not every unit owner can qualify for an abatement.

6.   Accordingly, when the time comes to vote, each unit owner is entitled to vote one share for each open seat on the board.

7.   But if you are not the original unit owner, how do you know what is original and what is not?

8.   For unit owners, much will depend on the state condominium laws, which vary widely.

9.   In some cases, investor-owners walked away from their units, leaving underfunded associations of unit owners responsible for maintenance of common areas.

10.   It may have to educate unit owners to the importance of adequate reserves in maintaining values and a first-class appearance.