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Showing posts with label co-op. Show all posts
Showing posts with label co-op. Show all posts
Friday, January 21, 2022

Reverse Loans Available for Senior Shareholders in New York

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Those 62 and older living in cooperative apartment units in New York will soon be able to obtain reverse mortgage loans. The amended  law  w...
Wednesday, December 29, 2021

New Law: Co-ops under the Housing Stability and Tenant Protection Act of 2019

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As of December 22, 2021, cooperatives have received 8 exemptions from the Housing Stability and Tenant Protection Act, which otherwise restr...
Thursday, June 03, 2021

Co-op Loans At-Risk Based on Legislation that Passed the US House

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A law that passed the House in May and is before the Senate ( The Comprehensive Debt Collection Improvement Act or “CDCIA” )  could force le...
Thursday, February 11, 2021

Co-op / Condo / HOA By-Laws Can Reduce Board's Protection From Suit - If You Don't Know What You're Doing

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Traditionally, boards are protected from suit under what is called the Business Judgment Rule, which means that actions that are undertaken ...
Monday, January 20, 2020

Eye on Real Estate Q&A: Co-op Disapproval of Sale and Suing the Board

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On this week's episode of  Eye on Real Estate , January 18, 2020, we were asked about suing a cooperative board for refusing a sale by c...
Tuesday, June 18, 2019

Condo owners can access adjoining units to perform construction

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Ever need to modify the pipes in your condo unit only to be denied access by your downstairs neighbor? Those where the facts in the case o...