Examples of Cooperative Property in a sentence
A Cooperative Property should be no different in appearance or condition than a conventional multifamily property.
Modifications to Multifamily Loan and Security Agreement (Cooperative Property) (6210).
The Base PCA is utilized to assess and report the condition of a Cooperative Property.
For Watchlist Properties (including any Mortgage Loan secured by a Cooperative Property or any Small Mortgage Loans), the Servicer must submit detailed quarterly operating statements 90 days after the end of the first quarter, and 75 days after the end of the second and third quarters, as set forth below.
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.