proprietary lease

Most likely you would be in violation of your proprietary lease.

The right of entry, he points out, is already in the proprietary lease.

But it would depend on the terms of the proprietary lease.

The policy is either a result of a board resolution or proprietary lease rule.

A new board now maintains that its reading of the proprietary lease calls for only a 51 percent majority vote.

"The charge must be specifically authorized in the proprietary lease."

Our proprietary lease says that 80 percent of the floor area is to be carpeted.

The proprietary lease usually describes who it considers a family member to be.

Some proprietary leases, he said, make exceptions for immediate family members.

There may even be a provision in the proprietary lease, he said, addressing the issue.

"Under the proprietary lease the board has the right of access to the apartment in order to make repairs," he said.

That may be the case in a rental building, but most proprietary leases provide otherwise.

Shareholders, on the other hand, own the proprietary leases to their apartments.

The shareholders also hold a proprietary lease from the corporation for the use of their apartment.

That right was always underscored and confirmed by the terms of the proprietary lease.

Instead, you buy shares of stock (or a proprietary lease) in the cooperative association.

He said the proprietary lease often sets forth the terms and conditions for using the roof of the building.

"Lying in that information would give the board the right to terminate the proprietary lease."

The stock certificates and proprietary lease, she said, will be required at the time of sale.

His mother and sister always have an open invitation to spend the night, too, in part because their names remain on the proprietary lease.

"The typical proprietary lease says that the number of shares will be specified," he said.

"There are several common provisions in the proprietary lease that govern responsibility," he said.

The proprietary lease says that my responsibility is to maintain and repair the roof.

"A copy of the building's proprietary lease should be available for review at the managing agent's office."

The proprietary lease states that the corporation is responsible for the building’s exterior, including windows.