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

… inventory and give extra protections to marketrate tenants are having an unintended consequence that may make … buyers to gain board approval The laws new onemonth cap on security deposits appears to also prohibit coops from asking … the ownership structure of a coop is based on a proprietary lease rather than a deed buyers are technically …

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