The quick answer is - there are no HOA fees at Desert Mirage - nice, huh? It's a small group of homes in the city of Palm Desert, 29 of them and well-located for access to all the advantages of owning in Palm Desert - location, location, location.
Secondly, a stock coop is land and/or buildings that are owned by a corporation. Each of the property owners is then a shareholder in that corporation, and is entitled to all the rights and attributes of an owner. We don't see this too much in the desert area, but the structure works and somtimes gives owners a step up in "pride of ownership" scale. Still, it's a community with wants and needs like any other, and owners need to work with each other to get things done and keep the are in order.