Tag: Romer Debbas LLP

2011 December Q&A: Imposing a Flip Tax or Transfer Fee By Pierre E. Debbas

Q At a general meeting of our condominium, a proposal for a flip tax/transfer fee on the sale of a unit failed to get enough votes. Subsequently, the board of managers decided to impose a transfer fee of five months maintenance charg…

2011 April Q&A: Can I Put Maintenance in Escrow? By Michael J. Romer

Q I’m a co-op owner in Nassau County, where my elderly mother lives. I have written repeatedly to the management company regarding water leakage issues we have been having, but while the management company had a remediation expert e…