Examples of Proprietary Lease in a sentence
Proprietary lease" means an agreement with a cooperative affordable housing corporation governing a member's right to occupancy under which a member has an exclusive possessory interest in a unit.[PL 1993, c.
Proprietary lease Every member of a cooperative affordable housing corporation is entitled to receive from the cooperative affordable housing corporation a written proprietary lease that must include the following: [PL 1993, c.
Late payments will be dealt with as provided in the Shareholders Proprietary lease, which may include a late fee of twenty-five dollars ($25) and an administrative fee.
It is the shareholder’s responsibility to furnish a copy of the Master Form Proprietary lease, the Articles of Incorporation, the Bylaws, and the current rules and regulations tothe new owner.
Proprietary lease" means an agreement with a cooperative affordable housing corporation governing a member's right to occupancy under which a member has an exclusive possessory interest in a unit.[ 1993, c.