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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

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Tundexi

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

What is a proprietary lease?

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.

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