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returned by “Proprietary Lease”
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ArticleTopicsColumn TypeIssue
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Keep an Eye on That Expiration Date
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Distribute Proprietary Lease Changes
Residents need to know when boards make changes to the proprietary lease.
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Co-op Late Fees Carved out of Tenant Protection Act
Make sure your proprietary lease provides for any fees you want to charge.
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Don’t Lose Your Proof of Ownership
You will need your stock certificate and proprietary lease for many things, including getting financing.
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A Lesson in Reasonableness
If the word is in the proprietary lease, boards must proceed with caution.
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Proprietary Lease Updates
Is it a problem for a co-op to be operating with their original governing documents?
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When Chuck Went Amok
A board member staunchly defends rights, but not when the shoe is on the other foot.
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Non-Waiver Provision
The co-op board at 1025 Fifth Avenue was right to enforce the rules.
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Beware This Wrinkle in the Proprietary Lease
The fine print can complicate an eviction.
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Wrestling Over What’s “Reasonable”
Philip Perrault wanted to make improvements to his apartment. The proprietary lease required that he first receive the consent of the co-op board,
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