“Stock cooperative apartment project” shall mean a stock cooperative as defined by Section 11003.2 of the Business and Professions Code of the State where the “improved real property” referred to in said section is residential real property, including, but not limited to, multi-family residential property, and where “exclusive occupancy in a portion of the real property” includes, but is not limited to, occupancy in a dwelling unit on the property.
(Ord. 744-NS, eff. April 17, 1980)