Bills Would Impose Time Limits on Co-op Purchase Applications (NY)

There are currently half a dozen pieces of legislation under consideration in New York City and Albany that could change the way co-op apartments get bought and sold. Co-op advocates are not pleased with any of them. Some of these bills would give boards 10 days to declare if an admissions package is incomplete; others would impose a 45-day limit on boards to act on purchase applications; and others would require boards to provide written reasons for rejecting an application.   Read the article…………….

Related Articles

Third District Appellate Opinion May Affect Collection Strategies

In its recent opinion in the case of Aventura Management, LLC vs. Spiaggia Ocean Condominium Association, Inc., the Third District

Change to HOA law sought after coyote kills family pet (NV)

Contact 13 inducted them into our HOA Hall of Shame after they denied Marie’s request, saying the rollers were not

The Emperor’s New Economic Loss Rule

For years, litigating breach of contract cases in Florida meant having to struggle with the array of cases dealing with