Having a Condo or Co-op inspected is a very vital step and it can be trickier than inspecting a House.
When you buy a single-family dwelling, the inspection is for all the pieces of that home that you are purchasing. This includes items discussed on the "House Inspection" page of this site, the interior and the exterior of the home, structure and foundation, roof, mechanical systems, electric and plumbing. However, when you buy a condominium, you are not purchasing the entire building, so logically, the Condo or Coop inspection won't cover the parts that you are not purchasing.
This isn't true.
Generally, the areas that you may be concerned about around the condo complex that you are looking to buy will be areas that could cost you heavily in repairs in the next few years. You have to be concerned about the state of areas outside of your unit that could end of costing you money through association fees or special assessment fees.
All of these Items are included in the price of basic Condo/Coop inspection, and no additional charge will be added.