It is said that the only two things that you can truly count on are death and taxes but if you own a co-op or condo and haven’t adequately prepared for your own eventual demise, you can also count on your passing causing even more grief for…
Category: Law & Legislation
No one likes a lawsuit. Whether filing one or finding yourself on the receiving end of one, they can cause stress, anxiety and an upending of daily life. They can be expensive, take months—even years—to resolve, and often result in hurt fee…
Whether you serve on the board of a co-op, condo or HOA, chances are you and your fellow community administrators are volunteers. Perhaps you're fortunate enough that you or one of your colleagues has professional legal expertise to bring t…
So, you’ve decided to buy an apartment in the tri-state area. Congratulations—that’s the easy part. Now you must choose whether to buy into a cooperative or a condominium. That’s harder. Significant differences exist between the two model…
The legislative season is upon us, and in many states, bills specifically dealing with co-ops, condos and HOAs are wending their way through the legislative process. Even when bills aren't aimed directly at those forms of home ownership, ma…
As reported by Builders Online , the U.S. Department of Housing and Urban Development (HUD) published guidance recently regarding criminal background checks for housing providers, focusing on 'disparate impact' discrimination. According …
Homeowners have mortgages, and renters have rent. What about co-op and condo residents? They have mortgages AND they have maintenance fees, and when maintenance fees climb high enough it feels like condo owners are paying a mortgage and ren…
The average unit owner or shareholder is well aware of the differences between living in a single-family home and a condo, co-op, or HOA. There’s no stampeding children upstairs in a single-family home that you can’t yell at to quiet down, …
With the 2016 presidential primaries in our rear-view and the general election just a few short (read: long) months away, New York City is another victim of the presidential circus. Bernie Sanders alone recently whipped leftists into a fren…
New York's tabloids have gotten hold of a lawsuit filed by Madonna against her Manhattan co-op board for refusing to allow her children to stay in her unit when she is not occupying the unit herself. For those not familiar with the unique w…