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LEGAL/FINANCIAL

HOW LEGAL/FINANCIAL PROBLEMS ARE SOLVED BY NYC CO-OPS AND CONDOS

Sex-Offender Son of a Former Board President Moves In. What Do You Do?

Aaron Shmulewitz in Legal/Financial on October 16, 2012

New York City

Aaron Shmulewitz

Aaron Shmulewitz

 
Oct. 16, 2012

Ultimately, the board decided to make full disclosure to all other building residents. The sex offender moved out.

Legal Lesson

Boards must balance the interests of the many against the interests of the few. Boards must weigh the potential liability of not acting against the potential liability of acting. Boards must be proactive in confronting potential problems arising from undesirable occupants, as soon as possible after occupancy begins. 

 

Aaron Shmulewitz is partner at Belkin Burden Wenig & Goldman 

Photo by Carol Ott.

 

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