Cooperative housing definition
Cooperative housing means any existing structure, including surrounding land and improvements, that contains one or more dwelling units and is owned by:
Cooperative housing means housing owned by a corpo- ration where the stockholders are entitled to occupancy of real estate (i.e., apartments) through proprietary leases or other like arrangements.
Cooperative housing means housing owned by a corpo- ration where the stockholders are entitled to occupancy of real es- tate (i.e., apartments) through proprietary leases or other like ar- rangements.
Examples of Cooperative housing in a sentence
For the purposes of this directive, the term rent will also apply to Co-operative housing charges and excludes sector support charges.
More Definitions of Cooperative housing
Cooperative housing means any existing structure, including surrounding land and improvements,
Cooperative housing means any existing struc- ture, including surrounding land and improvements, which contains one or more dwelling units and is owned by:
Cooperative housing means an arrangement in which an association or corporation owns a group of housing units and the common areas for the use of all the residents. The individual participants own a share in the cooperative, which entitles them to occupy an apartment or house as if they were owners, to have equal access to the common areas, and to vote for members of the Board of Directors which manages the cooperative.