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Selling CoopAug 13, 2020

Would I be able to sell a coop that I own but have owed maintenance fees?
Because of Covid, my financial situation is not secure and My best option is to sell but can no longer pay my maintenance fees.

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Selling co-op - Marty Aug 14, 2020

You should be able to sell your co-op under these circumstances. The co-op would recover all past due maintenance at the closing, meaning that you'll receive less $$, but the debt would be gone.

You should ask the Board and/or the Building Manager to confirm that you'll be allowed to do this.

Good luck.

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