Which of the following is not a valid restriction in a cooperative interest?
A) A requirement to offer the interest first to the corporation.
B) A requirement on transfer at death.
C) A requirement for approval prior to leasing.
D) A requirement that the interest be offered to all other owners in the cooperative.
Correct Answer:
Verified
Q65: Parking spaces in a condominium development:
A) Are
Q66: A proprietary lease:
A) Is for perpetuity or
Q67: Transfer restrictions on co-op interests:
A) Are invalid
Q68: A vacation lease:
A) Is a time sharing
Q69: The air space above a condominium:
A) Is
Q71: Which of the following is not a
Q72: An architectural control committee:
A)Is created by the
Q73: Who has liability for injuries to visitors
Q74: Alteration of a property located in an
Q75: Which of the following powers do homeowners'
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents