Category: Q&A

Q&A Q&A: Dealing with Illegal Rentals
2015 April Q&A: Dealing with Illegal Rentals

Q I am the president of a 25-unit condominium association in Suffolk County, N.Y. Our offering plan, declaration and bylaws all stipulate that the community is for single-family occupancy only. In the past, all owners have complied. One o…

Read More
Q&A Q&A: Imposing a Leasing Fee: Legal or Illegal?
2015 March Q&A: Imposing a Leasing Fee: Legal or Illegal?

I live in a New York City condo. There are a total of 204 apartments, 140 of which are privately owned and rented by their owners, and 64 which are occupied by their owners. My question is the following: Can 6 members of a board of 7 decide…

Read More
Q&A Q&A: Accommodating a Disabled Shareholder
2015 March Q&A: Accommodating a Disabled Shareholder

Our board of directors has not made a decision regarding a request for accommodation from a disabled senior shareholder. How can the rest of the shareholders separate ourselves should the board or the cooperative ever be sued or fined over …

Read More
Q&A Q&A: Cruisin' for Collusion
2015 March Q&A: Cruisin' for Collusion

Q I live in a condo community that is supposed to be represented by its board members and the board attorney but the two seemingly only serve themselves. In researching this board attorney, I am finding that he writes for several newslett…

Read More
Q&A Q&A: The A-B-C-s of Sponsorship
2015 February Q&A: The A-B-C-s of Sponsorship

We have a co-op building with 47 apartments. The original sponsor (say Owner A) established the co-op long ago. In 2012, he sold his ten apartments to Person B, then B sold them to C in 2013. As per the offering plan, Owner A is a sponsor. …

Read More
Q&A Q&A: I'll Tell Ya Where to Park Your Garage
2015 February Q&A: I'll Tell Ya Where to Park Your Garage

Q At the time, I purchased my 3-room apartment in January, 2014, my proprietary lease indicated that I have 157 shares, and that I have no garage. No other information was provided at the time concerning what was covered by the 157 shares…

Read More
Q&A Q&A: Hidden Rental Surcharge
2015 January Q&A: Hidden Rental Surcharge

Q I own a co-op apartment that I rent. I am in compliance with the proprietary lease regarding renting the apartment. When I rented the apartment, I was told by the board that there is a 75% maintenance surcharge on rentals. I never quest…

Read More
Q&A Q&A: Neighbor's Ever-Expanding Room
2014 December Q&A: Neighbor's Ever-Expanding Room

“A condo owner on my building, added an extra room to her condo in our common basement, now the basement is getting smaller and her condo is getting bigger. Is it fraud or theft to the member association? What can we do? She has been adding…

Read More
Q&A Q&A: Accessing a Building's Financial Records
2014 December Q&A: Accessing a Building's Financial Records

Accessing a Building's Financial Records Q “I live in a co-op on Long Island and I ran for a board position this year. The current board and resident manager spread some vicious rumors about me to keep me off the board. I’m very con…

Read More
Q&A Q&A: Transferring an HDFC Co-op
2014 November Q&A: Transferring an HDFC Co-op

My grandmother purchased shares from a HDFC co-op in 1995 for $250. When she passed away, the president of the board explained that since there was no notarized letter signed by her willing the apartment to someone that the family had lost …

Read More
Previous 1 24 25 26 27 28 57 Next