Q Our building is being run by family-based board members. The building is falling apart and there are apartments that have been sitting empty for more than 10 years. We have never seen a financial report. What can we do to change this? …
Q “My husband and I are moving into a community that doesn't allow dogs. However there are people who do have dogs because they said that the law passed 12 years ago and people who had dogs then could keep their dogs and if their dog d…
Q Recently shareholders have asked to have family names added to proprietary stock certificates (I was told to avoid estate “problems” in the future.) I balked (I'm on the board) stating the legal rights of ownership, and liabilities, t…
Q Our cooperative building, for many years, carried a high mortgage. During those years, I did serve on the board. The interest on the mortgage was included in our monthly maintenance fee and was noted yearly for our share for IRS …
Q I’m a co-op owner in Nassau County, where my elderly mother lives. I have written repeatedly to the management company regarding water leakage issues we have been having, but while the management company had a remediation expert e…
Q My ex-[husband] owns his co-op but has become diagnosed as mentally incompetent after a stroke. He is in arrears on maintenance and the co-op is seeking to evict him. He will be homeless. Also if the co-op takes his apartment, wil…
Q I am the owner of a one-bedroom apartment on the Upper West Side of Manhattan. I have a legal subtenant who filled out all forms and paid all the fees as described on the required two-year lease provided by the board, including that o…
Q I live in Cobble Hill in Brooklyn and our building is going through non-eviction condo conversion. Can the landlord or sponsor raise our rent for major capital improvements even if the building converts, or does the sponsor pay the…
Q I just found out that a member of my co-op board has been issued a check for a very large amount from our operating account. There has been no explanation or discussion about this, and now nearly six figures worth of our community …
Q Is it legal for the board to take the shareholders’ tax benefit credit every year without their consent, as a special assessment and a second assessment as well, within six months apart? I received the letter about this, contacted …