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Within days of making a verbal offer to purchase a co-op apartment
Within days of making a verbal offer to purchase a co-op apartment I requested the co-op management application. I was told that the application is provided when the co-op management receives a signed… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
26,988 satisfied customers
My mother lived in a co-op, she just passed with anyone else
my mother lived in a co-op, she just passed with anyone else on the lease.... can the apartment and shares be taken by son and keep the apartment… read more
Andrea, Esq.
Andrea, Esq.
Attorney
Post-Doctoral Degree
10,512 satisfied customers
My Coop has 3 apartments. There are 2 officers now president
My Coop has 3 apartments. There are 2 officers now president and treasurer we rotated secretary. The coop wants a new vote. can we just rotate. If we do rotate will it jeopardize my configuration of m… read more
Andrea, Esq.
Andrea, Esq.
Attorney
Post-Doctoral Degree
10,512 satisfied customers
Im 77 years old and believe that Im being exploited by a
I'm 77 years old and believe that I'm being exploited by a Illinois Corporation that owned a co-op building that, in 1989 sold me 76 shares of Capital Stock for a 2 bedroom/2bath unit. I paid $38k for… read more
Andrea, Esq.
Andrea, Esq.
Attorney
Post-Doctoral Degree
10,512 satisfied customers
I really dont know if this is a law question but more real
I really don't know if this is a law question but more real estate and they don't have just that category on here. So I want to buy a place to live instead of paying rent. The neighborhood I'm interes… read more
WiseOwl58
WiseOwl58
JD Honors Graduate
4,304 satisfied customers
Hello, My husband and I had signed a contract for purchase
Hello, My husband and I had signed a contract for purchase of a co-op in New York City. We received a mortgage commitment letter from the bank well before the Loan Commitment Date. Once we drew closer… read more
Dimitry Esquire
Dimitry Esquire
Attorney
Doctoral Degree
5,526 satisfied customers
Three family members own a co-op in NYC. There is no mortgage.
Three family members own a co-op in NYC. There is no mortgage. Can two of the three buy the third out? Or can the third who doesn't want any responsibility regarding the escalating maintenance and tax… read more
evanesq
evanesq
Managing Attorney
Doctoral Degree
960 satisfied customers
My mother lives in South Carolina and she and my late father
My mother lives in South Carolina and she and my late father bought some propety around 1965. Around that same time the same previous land owner agreed to give the local Electric Cooperative the right… read more
Roger
Roger
Litigation Attorney
Doctoral Degree
26,988 satisfied customers
NYC Co-op question about due diligence Isnt it common practice
NYC Co-op question about due diligence: Isn't it common practice for a real estate attorney to ask the management company of the co-op if there are any upcoming capital improvements or big expenses in… read more
Law Educator, Esq.
Law Educator, Esq.
125,425 satisfied customers
I am disabled, my home is in default and I will be signing
I am disabled, my home is in default and I will be signing it over to the morgage holder. I have had an oppertunity to Purchase a doublewide in a park that I can buy outright as I cashed in my 401k. I… read more
evanesq
evanesq
Managing Attorney
Doctoral Degree
960 satisfied customers
I retained a lawyer I knew as a friend and neighbor t represent
I retained a lawyer I knew as a friend and neighbor t represent me when buying a co-op apartment. After accepting my down payment he informed me that he is not comfortable evaluating a co-op's financi… read more
Richard
Richard
Owner
Doctoral Degree
50,797 satisfied customers
I am buying the coop in NYC at Penn South-this is a coop for
I am buying the coop in NYC at Penn South-this is a coop for middle-income residents of New York city. It looks like nobody is using a laywer for transactions in this coop-do I need one? If "yes", wha… read more
Richard
Richard
Owner
Doctoral Degree
50,797 satisfied customers
We are purchasing a cottage in Manistique MI. Today from my
We are purchasing a cottage in Manistique MI. Today from my realtor I got an e-mail that I don't understand. "Recieved a copy of the title search for the unit you are buying. Turns out that because th… read more
Real McCoy property law
Real McCoy property law
Juris Doctor
307 satisfied customers
Hi, We are moving into a rent to own apartment in Brooklyn,
Hi, We are moving into a rent to own apartment in Brooklyn, NY. We have the contract and the developers are telling us that by law, in New York state, the 60% of our rent that will go towards the purc… read more
NYLAWLADY
NYLAWLADY
attorney solo practice nyc
Doctoral Degree
685 satisfied customers
My ex-boyfriend & I bought a co-op apt together (never married),
My ex-boyfriend & I bought a co-op apt together (never married), both our names are XXXXX XXXXX stock & proprietary lease. I broke up with my ex almost two years ago (we were together for 10 years bef… read more
wallstreetfighter
wallstreetfighter
Attorney
Doctoral Degree
11,809 satisfied customers
On Sept 9th, I signed a contract for a co-op and gave a 500.00
On Sept 9th, I signed a contract for a co-op and gave a 500.00 deposit for the condo and the women I am buying from is a realtor but she never mentioned that it was a 99 year lease co-op with 41 years… read more
Infolawyer
Infolawyer
Lawyer
Doctoral Degree
8,377 satisfied customers
NY- 2 brothers (A & B) were given 50/50 ownership of a co-op
NY- 2 brothers (A & B) were given 50/50 ownership of a co-op summer home in a divorce decree. It has been 5 years now and B has not paid anything. There is no mortgage or deed, just a certificate of m… read more
Dan
Dan
Semi-Retired; Part-Time Consultant
Doctoral Degree
872 satisfied customers
I have owned my Co-op in New Jersey for a little over 4 ...
I have owned my Co-op in New Jersey for a little over 4 years, today they sent a letter stating that I am going against House Rule 7 which states, "No public hall or any other (interior or exterior) s… read more
Thomas Swartz
Thomas Swartz
Attorney
Juris Doctor
2,918 satisfied customers

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The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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