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Cityboy, Home Buyer in Brooklyn, NY

Does a new Proprietary Lease issued any time coop apartment changes hands?

Asked by Cityboy, Brooklyn, NY Sat Apr 11, 2009

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Hello, in a cooperative apartment building, the lease a corporation provides to the stockholders that allows them to use a certain apartment unit under the conditions specified. Usually a summary of the proprietary lease is included in the large cooperating Offering Plan book.
0 votes Thank Flag Link Mon Apr 13, 2009
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