I'm in contract on an UES co-op and I just found out there's a $20,000 assessment to fix the fireplace. Do I have to pay?

… often include a term in the contract which states that buyers are not excused from their obligations to close if … … If the language in the contract makes it clear it is the buyers responsibility to independently verify assessments … them Do I have to pay … Buy … Co-ops … Ask an Expert … buying … closing … contract … fireplace … Im in contract on …

By Emily Myers |July 24, 2023 - 9:30AM
Job cut jitters spur NYC buyers to ask for employment contingencies

… Spooked by layoffs in the tech industry New York City buyers are asking for exit clauses to be added to contracts … escape plan is making a comeback and could also appeal to buyers concerned by recent bank failures as per a recent … or their employment status changes significantly during the buying process Most importantly The buyer gets to hold onto …

By Jennifer White Karp |March 21, 2023 - 9:30AM