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Dwelling Unit Relinquishment Form Town of York, Green County Ordinance #1603Name or Names of Relinquished(s) Number of Dwelling Unit Allotments being Relinquished Tax Number of affected parcel CSM
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Start by reading the instructions provided with the assignment of proprietary lease.
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Gather all the necessary information and documents required to fill out the assignment.
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Begin by filling out the personal information section, including your name, address, and contact details.
04
Proceed to the property information section, where you need to provide details about the property being assigned.
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Follow the guidelines and instructions given for filling out the assignment form.
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Submit the filled and signed assignment of proprietary lease to the respective authority or party as instructed.

Who needs assignment of proprietary lease?

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Anyone who is transferring or assigning their rights and responsibilities as a lessee or tenant of a property needs an assignment of proprietary lease.
02
This can include individuals who are selling or transferring their property, landlords who are assigning their leasehold interests, or businesses that are changing ownership or transferring their lease obligations.
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An assignment of proprietary lease is a legal document that transfers the rights and obligations of a proprietary lease from one party (the assignor) to another (the assignee). This type of lease is commonly associated with cooperative apartments.
The assignor, or the current leaseholder, is typically required to file the assignment of proprietary lease, though the specific requirements may depend on the governing documents of the cooperative and local laws.
To fill out an assignment of proprietary lease, the parties must provide their names and addresses, the details of the proprietary lease being assigned, any terms or conditions of the assignment, and the signatures of both the assignor and assignee. Consultation with a legal professional is recommended.
The purpose of the assignment of proprietary lease is to legally transfer the rights to occupy and use a unit within a cooperative from one individual to another, ensuring that the new tenant is recognized by the cooperative.
The assignment should report the names and addresses of both parties, the address of the premises, the date of the assignment, any fees or conditions associated with the assignment, and must be signed by both parties.
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