Tag: Kagan Lubic Lepper Lewis Gold & Colbert LLP

Management From the Court to the Board
2011 January From the Court to the Board

Over the past few months there have been several interesting and insightful court decisions. Here are a few legal cases that provide some helpful lessons. Vassi v. Salem House Condo Bd. Lesson: Condo boards need to make…

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Q&A Q&A: Unnecessary Insurance?
2010 Nov Q&A: Unnecessary Insurance?

Q I live in a co-op complex of a few hundred apartments. After 60 years without apartment insurance the present board suddenly decided that all shareholders must carry insurance. This translates into an additional expense of approxim…

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Q&A Q&A: Drafting a Super Contract
2010 May Q&A: Drafting a Super Contract

Q “My building has recently turned co-op and we are trying to create a contract for a new super. I would like to know if there is some type of guideline that I can follow to specify what the super's duties will be. We would feel more…

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Real Estate Trends From the Court to the Board
2010 April From the Court to the Board

Every day, New York's court system hands down verdicts and decisions that impact the day-to-day operation of co-op and condo buildings. Some decisions are far-reaching, precedent-setting game-changers; others affect building administra…

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Q&A Q&A: Conflicted and Confused
2010 Feb Q&A: Conflicted and Confused

Q I am the vice president of our co-op board. Just recently we found out through a real estate ad that the president of the board is selling his unit. Does this pose a conflict of interest? In effect should the president remain the …

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Real Estate Trends Legal Cases Your Board Should Know
2009 April Legal Cases Your Board Should Know

 While not everyone who serves on his or her co-op or condo board needs to be an  attorney or have an encyclopedic knowledge of the law, it never hurts to be  aware of the important, often precedent-setting legal decisions being handed  do…

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Q&A Q&A: Will vs. Trust
2006 Mar Q&A: Will vs. Trust

Q I have been a shareholder in my Brooklyn co-op since 1986, and am facing a problem that has come up since my husband’s death almost 18 months ago. My husband was an active participant on our board of directors—past president, vice pre…

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Law & Legislation From the Court to the Board
2006 Jan From the Court to the Board

Several interesting court decisions regarding co-ops and condos were made during the latter part of 2005. The decisions received some commentary, but perhaps not the attention that they deserve. In a condo case, the Appellate Court tha…

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