MANHATTAN CO-OP REAL ESTATE ATTORNEY
Why You Need An Attorney For Your Manhattan, Westchester, or Southampton Co-Op Purchase
Applying To Buy Co-Op Shares
Real Estate Attorneys For Co-Op Ownership
Funding For Co-Op Ownership
Suing and Co-ops
There are situations in which a person who owns shares of a co-op may need to sue the board. It is important to note that this is possible; just because you own shares or are a part-owner does not strip you of your right to sue if an appropriate situation arises. At Avenue Law Firm, we work primarily with clients who are buying or selling property. As such, we commonly see lawsuits happen when a board is uncooperative or denies the sale of a tenant’s shares. Though co-ops are different from all other real estate purchases, you still have the right to sell your shares as long as you are following the terms in your contract.
If your co-op board continually denies your request, despite you following the rules, you may have grounds to sue. The best way to determine this is to work with a real estate attorney during every part of your buying and selling process. The attorney will be able to notify you of any criteria needed to facilitate your sale and can help you assemble the proper paperwork.