What is PROPRIETARY LEASE?

the term that is applied to a lease that has been issued by a cooperative apartment association and gives the right to occupy under certain circumstances.

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Related Legal Terms
LEASE TO OWN, MASTER LEASE, SHORT LEASE, LEASE WITH OPTION TO RENEW, NET LEASE, LEASE PURCHASE, FULL PAYMENT LEASE, LEASE SCHEDULE, CLOSED-END LEASE, GROUND LEASE


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