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… whole lot you can do lawsuitwise to make it stop The public policy of the state of New York is to encourage open and …
… purchased as part of a comprehensive homeowners insurance policy you cant buy it alone Occasionally Schneider says … spend a not insignificant amount of money on an insurance policy He notes that most proprietary leases are silent on …
… Market … Diary of a First-Time Buyer … Brooklyn … buying … boards … How not to prepare a coop board package …
… the building as it stands at the time Levine says He says boards typically complete a reserve study every 10 years or … says … Why is a reserve study important … Condo and coop boards have a fiduciary responsibility to owners to make sure the building is well managed Although boards may be inclined to push off the completion of a …
… a small job like kitchen cabinet refacing a $1 million base policy and a $5 million umbrella would be sufficient For a gut rehab of a highend apartment a $2 million base policy and a $2025 million umbrella is sufficient Make sure … use licensed abatement professionals … Gas line donttouch policy … A gas line must be turned off in order to move it …
… so the board needs a cushion Teplitsky says … A smart pet policy … A great board is interested in maintaining a great … just doesnt want pets a good coop board will implement that policy whether theyre relaxed or not Carol Ott the … you are on the hunt for a coop with a flexible piedaterre policy keep in mind that many boards even relatively chill …
… condo association as additional insured parties under the … policy If your contractor damages your apartment or the …
… clean and how to notify the building community in the event boards come into knowledge about infected residents Brandt says In addressing these issues Brandt advises that boards should also check the buildings insurance policy and … for housing laws and premises liabilities that would affect boards and their shareholders and residents If a …
… Failure to comply could result in a fine but Brandt says boards need to be careful that its not a disproportionate … akin to the cost of coverage Brandt says … Condo boards should also have insurance … Even if a board imposes … how is that enforced … Live … Ask a Co-op & Condo Lawyer … boards … Co-ops … condos … house rules … insurance … How …
