Tag: Owner-occupancy

Q&A Businessman is holding legal documents. Eviction Notice Form. Human resource management concept. Vector on isolated background. EPS 10
2023 February Q&A: Subleasing a Co-op

Q.  A co-op owner purchased her unit in 2005 and has been subleasing it to the same tenant since 2011. The co-op board recently passed an amendment to the bylaws that states that an owner cannot sublease a unit for more than two years, and…

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Q&A Q&A: Who Pays the Assessment?
2008 July Q&A: Who Pays the Assessment?

Q There is a question in my building as to whether or not a new homeowner is responsible for paying an assessment that was extended by the HOA board before the transaction was completed. The previous homeowner paid the two-year assessment…

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