Co-op buyers can no longer put maintenance fees in escrow as a result of new rent laws

… buyers to escrow several months to two years worth of maintenancea common workaround for buyers with shaky … obvious being to use a guarantor who will guarantee the maintenance payments or even put the money in escrow  Reich … unnecessary risk Other options for buyers include insurance products for security deposits or perhaps  negotiating …

By Emily Myers |October 23, 2019 - 9:00AM