In 2009, Suffolk County passed the Suffolk County Cooperative Housing Law seeking to, among other things, “require cooperative boards or associations to give potential buyers written notice of the grounds for a rejection of a potential buyer’s application for purchase.” Continue reading “Refresher: Suffolk County Cooperative Housing Law”
Category: Uncategorized
Amendments to New York’s Property Condition Disclosure Act Creates a Severe Burden on Sellers
When it comes to buying homes in New York State, purchasers tend to hear the terms “buyer beware” or “caveat emptor”. Under New York State law, a seller of residential real property either has to answer a forty-eight-question disclosure or they could “opt out” of providing the disclosure and give the purchaser a $500 credit at closing – until March 20, 2024, that is.
Continue reading “Amendments to New York’s Property Condition Disclosure Act Creates a Severe Burden on Sellers”
CLOTHESLINES and other new technologies
Most Long Island community associations have a House Rule that prohibits homeowners from hanging their laundry outside to dry on a clothesline.
Most Board Members in these communities would be dismayed to learn that, in community associations in other parts of the country, such rules are being eliminated — either by popular demand or legislation.
Continue reading “CLOTHESLINES and other new technologies”
