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seropon [69]
2 years ago
8

Evan bought into a housing cooperative that's focused on cultural exchange. Each month, the co-op residents have dinner meetings

and share food and information about the culture of their respective regions. When Evan made his purchase, he received a proprietary lease for his unit. What else did he receive
Business
1 answer:
Nonamiya [84]2 years ago
6 0

He would also receive a shares in the cooperative corporation as he received a proprietary lease for his unit.

<h3>What is a proprietary lease?</h3>

This refers to an occupancy agreement that gives the shareholder in a housing cooperative the right to occupy a particular dwelling unit.

Hence, in the context, Evan would also receive a shares in the cooperative corporation as he received a proprietary lease for his unit.

Read more about proprietary lease

<em>brainly.com/question/14527094</em>

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