Assessment term of payment

Possibly if its in the bylaws/proprietary lease which I doubt.
Otherwise Im fairly certain thats not legal.
I would start off nicely informing its not legal to do so (after confirming its not in the lease) as you dont want to be at war with a board who ultimately is okaying your subleases to outside renters (if thats what you mean by non-resident owner).

First thing you want to do is go over your proprietary lease and any ammendments with a fine tooth comb.

I would be willing to bet that there is nothing in the Offering Plan allowing this because it would be setting up 2 classes of shares which is specifically not allowed in Residential Coops. However, as I often state the Coop Attorney is probably telling the Board they can do WTF they want to and your option is to start a very expensive lawsuit which you will be funding with your $ and the board will be defending with OPP.

Very informative. I'll check it out. Thank you both very much!

Of course, you can always ask for the 3 month thing claiming cash flow hardship

WTF is OPP?