Exam term
Proprietary lease
The lease from a cooperative corporation that accompanies shares in a cooperative and gives the shareholder the right to occupy a specific apartment.
Lessons that use this term
- Cooperatives, condominiums, homeowners' associations, and time-sharing Florida
- Forms of ownership: severalty, co-ownership, and partition New York
- Trusts, ownership by business organizations, and what cooperative and condominium owners own New York
- Cooperatives: shares, due diligence, and the documents a sale needs New York