Cooperative Agreement Form University Of Cumberlands In Montgomery

State:
Multi-State
County:
Montgomery
Control #:
US-00018DR
Format:
Word; 
Rich Text
Instant download

Description

Cooperative apartments are different from individually owned subdivision properties, ordinary leaseholds, and condominiums. In subdivisions, each individual owns a home in fee. In an ordinary leasehold, the lessee holds no ownership interest in the lessor. In condominiums, each owner holds fee interest in a particular unit, together with an undivided fee interest in the common areas and facilities.

Cooperatives are often formed by members paying a membership fee or purchasing shares of stock. In a stock cooperative, members are issued stock certificates as evidence of their membership and capital investment. More than one type of stock may be issued. An apartment cooperative will typically be a corporation renting apartments to people who are also owners of stock in the corporation. The apartment complex is owned by the corporation.

Due to the proprietary nature of members' or stockholders' interests in the venture, substantial restrictions are generally imposed on lessee's rights to assign and sublease. Typically, assignment and sublease require consent of the board of directors of the corporation after examination of the suitability of the prospective assignee or sublessee.

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FAQ

Each year, up to 161 students are named U.S. Presidential Scholars, one of the Nation's highest honors for high school students.

University of the Cumberlands has an acceptance rate of 71%. Half the applicants admitted to University of the Cumberlands who submitted test scores have an ACT score between 16 and 23. However, one quarter of admitted applicants achieved scores above these ranges and one quarter scored below these ranges.

The average GPA at University of the Cumberlands is 3.47. (Most schools use a weighted GPA out of 4.0, though some report an unweighted GPA.

Being named a U.S. Presidential Scholar is considered one of the nation's most prestigious academic awards for high school graduates. You can see the full list of this year's class here.

University of the Cumberlands' ranking in the 2025 edition of Best Colleges is National Universities, #392-434. Its tuition and fees are $9,875. University of the Cumberlands is a private institution that was founded in 1888.

You must be full-time (12 credit hours for undergraduate students/7 credit hours for graduate students) each semester.

Presidential Award Scholarships are awarded to incoming freshmen who have a cumulative GPA of 3.00 or higher and between a 27-29 composite on the ACT or 1280-1380 on the SAT critical reading and mathematics combined score. Presidential Award recipients may be eligible for a scholarship up to $16,000.

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Cooperative Agreement Form University Of Cumberlands In Montgomery