Cooperative Building definition

Cooperative Building. The building and other property owned by a Cooperative.
Sample 1Sample 2Sample 3
Cooperative Building means a building or buildings and the tract, lot, or parcel on which the building or buildings are located and fee title to the land and building or buildings is owned by a corporation or other legal entity in which the shareholders or other co-owners each also have a long-term proprietary lease or other long-term arrangement of exclusive possession for a specific unit of occupancy space located within the same building or buildings.
Sample 1Sample 2Sample 3
Cooperative Building means a multiple-dwelling complex owned by a cooperative corporation, stock in which affords the owner thereof the right to possess or occupy a particular cooperative allocated to that stock within the complex. This right of possession or occupancy is
Sample 1Sample 2

Examples of Cooperative Building in a sentence

  • Members of Civil Servants’ Co-operative Building Society or any housing scheme of a similar nature, or lessees under any Government Built Housing Scheme may not apply.

  • Cooperative Building – Entire Building in Name of Cooperative (General Property Form)Cooperative buildings where at least 75% of the area of the building is used for residential purposes are considered as residential occupancies, and can be insured for a maximum building coverage of$250,000 in a Regular Program community under the General Property Form.

  • The Applicant must not at the same time be a recipient of any public housing benefits, subsidies or allowances (e.g. holding public housing tenancy or public housing ownership with alienation restrictions (except building owned by Civil Servants’ Co-operative Building Society).

  • Member of the Civil Servants’ Co-operative Building Society or any housing scheme of a similar nature or a lessee under any Government Built Housing Scheme (PRH tenants are exempted from this requirement).

  • The Learned Counsel for the 1st Respondent relies on the decision of Hon’ble Supreme Court ‘Kaushik Cooperative Building Society’ v.

  • The COMESA Clearing-House was brought into existence when the countries of the region had strict exchange controls regimes in place and foreign exchange was24 The Free-trade area and Common Tariff Structure.

  • The Applicant must not at the same time be a recipient of any public housing benefits, subsidies or allowances (e.g. holding public housing tenancy or public housing ownership with alienation restrictions (except building owned by Civil Servants’ Co-operative Building Society)), except the unit in application for the LIMSS.

  • Member of the Civil Servants’ Co-operative Building Society or any housing scheme of a similar nature or a lessee under any Government Built Housing Scheme.

  • Multi-agency liaison is taking place much more freely under the locality working model and designated bases – at the Co-operative Building, Linthorpe Road for the Newport Team and North Ormesby Hub, Derwent Street for the North Ormesby Team – are now established.

  • Shoppell, who was associated with the Co-operative Building Plan Association of New York City, published his first catalog of building designs.


More Definitions of Cooperative Building

Cooperative Building means a multiple-dwelling complex owned by a cooperative corporation, stock in which affords the owner thereof the right to possess or occupy a particular cooperative allocated to that stock within the complex. This right of possession or occupancy is granted through a proprietary lease or similar arrangement, and, unlike the owner of a condominium, the owner of the cooperative stock does not hold legal title to his or her individual cooperative. As used in this definition, “cooperative” means an individual dwelling unit within a cooperative building.
Sample 1Sample 2

Related to Cooperative Building

  • Residential building means a building containing one or more residential dwellings.

  • Cooperative Project With respect to any Cooperative Loan, all real property and improvements thereto and rights therein and thereto owned by a Cooperative Corporation including without limitation the land, separate dwelling units and all common elements.

  • Building means any structure used or intended for supporting or sheltering any use or occupancy.

  • 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.

  • Accessory Building means a detached building or structure, not used for human habitation that is subordinate to the primary use of the same property.

  • Cooperative Unit A single family dwelling located in a Cooperative Property.

  • Vacant building means a building that has been vacant and