Cooperative Unit definition

Cooperative Unit. A single family dwelling located in a Cooperative Property.

Cooperative Unit. With respect to any Cooperative Loan, a specific unit in a Cooperative Property.

Cooperative Unit. Means a specific unit in a Cooperative Project.

Examples of Cooperative Unit in a sentence

• A document executed by the Cooperative Corporation (i) consenting to the sale of the Cooperative Unit to the Mortgagor and (ii) certifying that all maintenance charges relating to the Cooperative Unit have been paid.

• The lease on a Cooperative Unit evidencing the possessory interest of the owner of the Cooperative Shares in such Cooperative Unit.

• Form IT-2664 Use Form IT-2664, Nonresident Cooperative Unit Estimated Income Tax Payment Form, to compute the gain (or loss) and pay the estimated personal income tax due from the sale or transfer of the cooperative unit.

• Cooperative Unit: With respect to a Cooperative Loan, a specific unit in a Cooperative Project.

• Cooperative Loan: A Mortgage Loan that is secured by a first lien on and perfected security interest in Cooperative Shares and the related Cooperative Lease granting exclusive rights to occupy the related Cooperative Unit in the building owned by the related Cooperative Corporation.

More Definitions of Cooperative Unit

Cooperative Unit. A specific dwelling unit in a Cooperative Building as to which exclusive occupancy rights have been granted pursuant to a Lease.

Cooperative Unit. A single family dwelling located in a Cooperative Property. Custodian: First Tennessee Bank National Association, and its successors and assigns, as custodian under the Custodial Agreement dated as of March 30, 2006 by and among The Bank of New York, as trustee, First Horizon Home Loan Corporation, as master servicer, and the Custodian. Cut-Off Date: March 1, 2006.

Cooperative Unit means, with respect to a Cooperative Loan, a specific unit in a Cooperative Project.

Cooperative Unit. A single family dwelling located in a Cooperative Property. Countrywide: Countrywide Home Loans, Inc., or any successor or assign to Countrywide under this Agreement as provided herein.

Cooperative Unit. ’ means a part of the cooperative property which is subject to exclu- sive use and possession by a cooperative unit owner. A unit may be improvements, land, or land and improvements together, as specified in the cooperative documents;

Cooperative Unit. ’ means a part of the

Cooperative Unit. With respect to any Co-op Loan, a specific unit in a Project.