Q. This is a very common age-old question in a cooperative. What are my rights for inheriting a co-op apartment if the unit owner unfortunately dies? If a unit owner is deceased and the property is turned over to the estate, what are righ…
Effective December 3, 2014, all residential leases in New York State now require a notice to residential tenants about the presence of absence of sprinkler systems in the “leased premises.” The new law, however, while defining what a…
Q I own a co-op apartment that I rent. I am in compliance with the proprietary lease regarding renting the apartment. When I rented the apartment, I was told by the board that there is a 75% maintenance surcharge on rentals. I never quest…
My grandmother purchased shares from a HDFC co-op in 1995 for $250. When she passed away, the president of the board explained that since there was no notarized letter signed by her willing the apartment to someone that the family had lost …
Most buildings in flood zone areas already maintained flood insurance as a result of lender requirements and therefore were covered by Sandy. The biggest surprise was those persons who use their homes as home offices or the building rents …
I teach real estate licensing and continuing education courses at New York University and Long Island University. My question is with regard to Form 86, co-op sublets. It is my understanding that New York State law allows a tenant named on …
Under New York law, does a landlord have a general right to inspect leased residential premises in the absence of a specific lease provision granting that right? Assuming no written lease, no specific agreement on the issue, and that th…
In the typical suburban condo development, one must go to another location to shop— maybe to the mini-mall, or the big box store down the road. But in New York City co-ops and condos, stores are often found on the ground floor—supermark…
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 “My co-op recently charged a shareholder for a letter written to her by the co-op’s attorney. Other shareholders have received similar letters but haven’t been charged for them. Is it permissible for the board to charge such a fee an…