
A cooperative share doesn't just buy you an apartment — it buys you a say. The German Cooperatives Act (GenG) sets out fairly precisely how that say actually works in practice.
Under Section 43 GenG, every member generally gets one vote at the general assembly, regardless of how many shares they hold. The statutes can carve out exceptions for members who contribute especially heavily to the cooperative's business, but the underlying democratic principle stays intact.
The general assembly (Generalversammlung) is a cooperative's supreme body. This is typically where members elect the supervisory board, which in turn oversees the executive board, and vote on core questions like amendments to the statutes or how to use the annual surplus. Members who take part directly influence the cooperative's direction, for example maintenance priorities or new building projects.
At a GmbH (limited liability company), voting weight is generally tied to the size of a shareholder's capital stake — the more capital someone has put in, the more influence they have. At a cooperative, the opposite principle generally applies: one person, one vote, regardless of the amount paid in. In practical terms, that means a member with one share has, legally, the same influence at the general assembly as one holding several. For a broader look at how a cooperative's legal structure compares to a GmbH more generally, see our explainer on what a Genossenschaft is, legally.
Co-determination doesn't mean every member decides every individual matter. Day-to-day business is run by the executive board, overseen by the supervisory board. The general assembly decides the fundamental, usually once-a-year, course-setting questions. Anyone who wants to get actively involved can often stand for election to the supervisory board or submit motions for the general assembly — the details are set out in the individual cooperative's statutes.
If you're considering a cooperative apartment, it's worth knowing that membership is more than a plain rental relationship. Before joining, it's worth checking how regularly a cooperative holds its general assembly and how transparently it communicates about upcoming decisions, since that's a good indicator of its actual co-determination culture. Our comparison of renting, cooperative, and ownership covers what that trade-off looks like against the alternatives.
As a rule, yes. Under Section 43 GenG, every member gets one vote regardless of the number of shares held, unless the statutes provide an exception for members who especially support the cooperative's business.
Among other things, it elects the supervisory board, votes on amendments to the statutes, and decides how the annual surplus is used.
At a GmbH, voting weight is usually tied to capital shares. At a cooperative, the principle is generally one person, one vote.
At many cooperatives, yes, by standing for election at the general assembly. The details are set out in that cooperative's own statutes.
No, attendance is generally voluntary. But it's the main way to actually exercise your say.