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A. There are several, some more consequential than others, when looking at a sponsor apartment, say our experts. A sponsor apartment is a unit owned by the original owner or corporation responsible for turning a building from a rental into a co-op.
The presence of such terms and conditions in the agreement indicate that the activity is a sponsored project. 1. Statement of Work. Sponsored projects are typically awarded to UND in response to a detailed statement of work and commitment to a specified project plan.