Finance Underlying Permanent Mortgages
2018 April Underlying Permanent Mortgages

One of the components that makes co-op ownership unique is its financing structure. Unlike a condominium, the property is owned as a whole, fee-simple estate – and so the entire property can be encumbered by a permanent, long-term loan. Thi…

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Law & Legislation The New York Attorney General’s Office
2018 April The New York Attorney General’s Office

The Attorney General is the chief legal officer of the State of New York, and the head of the New York State Government’s Department of Law, often referred to as the Attorney General’s Office. The office traces its history all the way back …

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Board Operations Drafting Good Rules
2018 April Drafting Good Rules

Every co-op, condo, and HOA has rules and regulations that residents and their guests must abide by. For the most part, they’re usually pretty straightforward: no smoking in common areas, limits on pets, no hockey-playing in the hallways. T…

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Board Operations Holding Board Elections
2018 April Holding Board Elections

Whether you live in a condo, co-op, or HOA, board elections are a complicated process, especially when it comes to voting and counting ballots. Yet electing (or re-electing) a board is probably one of the most important exercises the reside…

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Real Estate Trends Timeshares and  Fractional Ownership
2018 April Timeshares and Fractional Ownership

Timeshares are a mystery to many. What are they really? An investment? A vacation club? Some combination of both that affords an opportunity to have an ‘insider’ vacation with the vague sense of property ownership? The product often seems m…

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Real Estate Trends Campfire Tales
2018 April Campfire Tales

People often say, “If these walls could talk...”, when considering the variety of experiences that a room  has absorbed over the years and would now relate if it only could. But while talking walls are a purely hypothetical construct, prope…

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