Q Can original co-op owners' rights to sublet their apartment be changed by a board resolution which refers to the BCL Section 501(c)? It seems that the appellate division of the Supreme Court of New York has ruled that section 501 (c) pr…
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. …
Drawing up a contract for management services looks at first glance like a simple task. Such contracts usually follow a particular format and outline similar services for both co-ops and condos, regardless of size. But what about contr…
Q Our building is 75 percent shareholders, 25 percent sponsor units (renters). The sponsor units fall under the Emergency Tenant Protection Act (ETPA) of 1974. My question is, doesn’t everyone in the building, shareholders and sponsor u…
New York State has a number of laws to protect consumers—there’s a law designed to protect people who invest in a car and end up with a lemon, for example. If a car has been in a serious accident, the seller has to disclose that inform…