Q I am an owner of a co-op in Forest Hills, Queens. We currently have a flip tax of $2.00 per share. The sponsor is pushing to amend this to make it 3% of the sales price. The sponsor is also the managing agent and they do whatever they…
Q I believe that owners have a fiduciary responsibility to the association, as they are held in a public trust of that association just like board members. The responsibilities and duties of owners in a homeowner association are outlin…
Q We are having a major problem with our board president and vice-president. We have a seven member board, in which one of the directors has asked to see a list of bills paid to date and other board inquires. He was told that he is not …
b>Q We have a serious problem in our HDFC co-op, a limited equity cooperative. Number one, there have been no annual meetings for years. There have been no elections and the same people are entrenched on the board of directors. Thirdly, …
Q My car was vandalized four times on the co-op’s property. We pay to park there each month. I have paid three times now for the repairs and I think the co-op should pay. There are no signs in the lot saying they are not responsible. …
Q Is it possible to obtain a co-op charge card for our super to use so he can purchase need materials and equipment without having to go through long procedures with the managing agent? If possible, is it advisable? —Taking Cred…
Q Is it lawful for security cameras to be placed inside a co-op’s community room that shareholders are paying to use for their private parties? Is this not an intrusion of privacy? —Suspicious of Big Brother A “The qu…
Q I can't find a simple explanation of the change in the Americans with Disabilities Act that were put into force in March 2011. I am president of my co-op of 168 units. We don't permit dogs. A new resident is about to occupy a unit whos…
Q Ten years ago I rented a small closet on the floor of my co-op for $25 per month. Last year the board raised the price to $200 per month. Last month, they raised the price yet again to $300, which is about the cost of maintenance of a…
Q For as long as I can remember, I’ve had a leak in my bathroom. I believe it happened when the shareholders above me moved in. Another complaint is that the upstairs owner’s son likes to take long baths, sometimes for two hours or more. O…