Parents often find peace of mind by setting aside significant assets like property or homes when making their estate plans. However, the co-op board may have other ideas about whether the heir can move into or stay in the shareholder’s apartment. In many cases, the...
Many co-ops require that tenant-shareholders use their apartments as their primary residence. This obligation is usually set forth in the proprietary lease, occupancy agreement, or other contracts or regulations governing the use of the Apartment, such as...
When an HOA hires a contractor to do a job - install a pool or shingle a roof, for example - board members can maintain the quality of workmanship by withholding payment until the job is done right. Contractors and subcontractors, however, have a method of getting...
