- lease, proprietary
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n.A lease held by a resident in a cooperative apartment.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
lease, proprietary
Look at other dictionaries:
proprietary lease — see lease Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. proprietary lease … Law dictionary
proprietary — pro·pri·e·tary 1 /prə prī ə ˌter ē/ n pl tar·ies 1: something that is used, produced, or marketed under exclusive legal right of the inventor or maker; specif: a drug (as a patent medicine) that is protected by secrecy, patent, or copyright… … Law dictionary
proprietary — /praprayat(eh)riy/ A proprietor or owner; one who has the exclusive title to a thing; one who possesses or holds the title to a thing in his own right; one who possesses the dominion or ownership of a thing in his own right. The grantees of… … Black's law dictionary
lease — 1 / lēs/ n [Anglo French les, from lesser to grant by lease, from Old French laisser to let go, from Latin laxare to loosen, from laxus slack] 1 a: a contract by which an owner of property conveys exclusive possession, control, use, or enjoyment… … Law dictionary
lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… … Black's law dictionary
lease — Any agreement which gives rise to relationship of landlord and tenant (real property) or lessor and lessee (real or personal property). Smith v. Royal Ins. Co., C.C.A.Cal., Ill F.2d 667, 671. A contract for exclusive possession of lands,… … Black's law dictionary
lease — Synonyms and related words: adverse possession, alodium, bareboat charter, burgage, charter, claim, colony, copyhold, de facto, de jure, dependency, derivative title, equitable estate, estate at sufferance, estate for life, estate for years,… … Moby Thesaurus
proprietary lease — A lease by a co operative apartment association which carries with it the right to occupy a specific apartment. 15 Am J2d Con Apt § 21 … Ballentine's law dictionary
ground rent lease — An expression familiar in Maryland but anomalous in some other jurisdictions. The chief characteristics of the Maryland ground rent leases are (1) the owner of the land in fee leases it to the named lessee for the period of ninety nine years, (2) … Ballentine's law dictionary
PROPERTY — Classification Property may be divided into different classes in accordance with the various legal principles applicable thereto. One common division is between immovable property and movables, distinguished from each other in the following… … Encyclopedia of Judaism
