Court Clarifies Condo Owners’ Right to Inspect (NY)

In its 2013 decision in Pomerance v. McGrath (Pomerance I),1 as noted by one of the authors in a prior article on the subject,2 the Appellate Division, the First Department handed down the first appellate decision delineating the rights of condominium unit owners to inspect the books and records of condominium management. Although the courts had long held that shareholders of cooperative corporations had the right, under Business Corporation Law (BCL) 624(b), to obtain the names and addresses of other shareholder-tenants in connection with an election, no such statutory right was provided to condominium owners under the Condominium Act.    Read the article………….


Related Articles

Consideration of a first mortgagee’s “safe harbor” request (FL)

As Florida courts continue to work through the backlog of first mortgage foreclosures (referred to in that way due to

$3.2M Verdict Spawns New Fight Over Who Will Pay—And How Much (GA)

The widow of a man murdered outside his College Park condominium was awarded $3.2 million by a Fulton County jury,

Online petition raises questions about Lake of the Ozarks residential rental properties (MO)

A petition against proposed legislation taxing residential rental properties in the Lake of the Ozarks area has raised some concerns