Cooperative Property definition

Cooperative Property. The real property and improvements owned by the Cooperative Corporation, including the allocation of individual dwelling units to the holders of the Coop Shares of the Cooperative Corporation.
Cooperative Property. ’ means the real

Examples of Cooperative Property in a sentence

  • Modifications to Multifamily Loan and Security Agreement (Cooperative Property) (6210).

  • Cooperative Corporation: The entity that holds title (fee or an acceptable leasehold estate) to the real property and improvements constituting the Cooperative Property and which governs the Cooperative Property, which Cooperative Corporation must qualify as a Cooperative Housing Corporation under Section 216 of the Code.

  • Such withdrawing Member shall forfeit its interest in Cooperative Property.

  • Any notice by, or demand from, either party to the other shall be duly given only if in writing and sent by certified or registered mail, return receipt requested: if by the Shareowner, addressed to the Corporation at the Cooperative Property with a copy sent by regular mail to the Corporation's managing agent; if to the Shareowner, addressed to the Shareowner' s Lot.

  • No amendment shall be effective which shall impair or prejudice the rights or priorities of the Mortgagee holding the blanket mortgage on the Cooperative Property unless the written consent of such mortgagee is obtained prior to the recording thereof.


More Definitions of Cooperative Property

Cooperative Property means the real property and improvements owned by the Cooperative Corporation that includes the allocation of individual dwelling units to the holders of the shares of the Cooperative Corporation.
Cooperative Property. ’ means the real estate and personal property subject to coop- erative ownership and all other property owned by the cooperative association;
Cooperative Property means the lands, lease- holds, and personal property owned by a cooperative association.
Cooperative Property means the lands, leaseholds, and personal property owned by a cooperative association.
Cooperative Property. Not applicable.
Cooperative Property means the lands, leaseholds, and personal property owned by DPHAI.
Cooperative Property. ’ means the real estate and per- sonal property subject to cooperative ownership and all other property owned by the cooperative association;