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T has a proprietary lease on an individual unit in the prestigious Triumphant Estates. Most likely, what does T own?

User Katherine
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1 Answer

1 vote

Answer:

T own shares in a cooperative unit

Step-by-step explanation:

This is the correct option simply because of the definition of a proprietary lease. A proprietary lease is mostly known as an occupancy agreement. This documents provides shareholders who are part of a housing cooperative the right to inhabit a unit of the houses mostly in an estate,

User Zarinah
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