Documentation for Prospective Buyers
posted by nycc on April 29th, 2010 in Buying & Selling
What amount of documentation should a co-op provide to prospective buyers of apartments? We have had requests for annual financial statements, proprietary lease, house rules, and by-laws, all of which seem reasonable. But what about providing annual income tax statements (which we have recently received a request for)? What about shareholder meeting minutes? What's normal, customary, and appropriate/acceptable?
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