Q&A: A Receipt for Maintenance

Q&A: A Receipt for Maintenance
Q Do we, as a co-op collecting maintenance, need to comply with a shareholder’s written request, pursuant to RPL: Article 7 Section 235-e for written receipts for maintenance paid by personal check? Does this section even apply to maintenance? Would the same be true for assessments?

—Jackson Heights Director

A According to Thomas D. Kearns, an attorney at Olshan Grundman Frome Rosenzweig & Wolosky LLP in Manhattan, “I could find no court decision applying RPL: Article 7 Section 235-e to a co-op but I believe a co-op would be required to issue a receipt for a payment of maintenance or an assessment made by check if the request for the receipt is made in writing. The statute does not provide a penalty so it is unlikely that the co-op would have any significant liability for refusing.”

Related Articles

Tiny people getting paper sheet with fine flat vector illustration. Cartoon characters paying traffic bill, municipal tax or parking fee as penalty from police. Financial mulct or punishment concept

Q&A: Not Fine with Fines

Q&A: Not Fine with Fines

Repair work at neighbours. Irritated young man relaxing on couch cover ears with pillows annoyed by noisy neighbors suffer from headache wish silence. Thin walls at home flat without sound insulation

Q&A: Curbing the Complaints

Q&A: Curbing the Complaints

Bad Neighbour

Q&A: Curbing the Complaints

Q&A: Curbing the Complaints