New York Laws > Public Housing > Article 13 > Title 119 – Town of Islip Housing Authority
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§ 524 | Town of Islip housing authority |
Terms Used In New York Laws > Public Housing > Article 13 > Title 119 - Town of Islip Housing Authority
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.