Tag: Breier Deutschmeister Urban

Law & Legislation What Happens When an Owner Dies
2008 June What Happens When an Owner Dies

In this world, nothing is a certainty but death and taxes. So how does a co-op or condo owner prepare for the certainty of death, as it relates to ownership interest and protect the asset for inheritance and possession purposes? Likewise, h…

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Q&A Q&A: Open Election Period
2008 March Q&A: Open Election Period

Our co-op elected its new officers, as usual. However, this year, there were two  amendments to the proprietary lease, one for staggered board terms and the  other to change our transfer fee, or flip tax, from one month’s maintenance to two…

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Q&A Q&A: Term Limits
2007 Dec Q&A: Term Limits

Q How many years can a person serve on a board? Is there a way to limit the number of years someone may serve? —Curious Board Member A “In the majority of residential cooperative and condominium buildings there…

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