There are limits to when a board can deny succession rights in a Mitchell-Lama.
HABITAT
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returned by “Transfers”
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ArticleTopicsColumn TypeIssue
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Know When You Can — and Can’t — Deny Succession
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Protect Your Co-op When Granting Share Transfers to a Trust
Co-ops don't need to be afraid of trusts, as long as the risk is shared.
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Who's Subject to Flip Taxes?
Non-cash sales transfers can put boards in a tight spot.
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When a Transfer Is Not a Transfer
In this court case, the board couldn’t approve a sale or collect a flip tax.
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How to Deal with Tricky Transfers
Be aware when dealing with transfers, and trust your transfer agent.
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How to Avoid Estate Issues
Boards should alert owners of jointly owned units to review their estate plans.
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The Battle for the Extra Rooms
Who has the right to use ancillary rooms directly outside the service door of a specific unit?
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Geoffrey Mazel, Hankin & Mazel
Be sure you’re protected when shareholders want to transfer shares to a trust.
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When a Transfer Is Not a Transfer
May unit-owners transfer their condo unit when to do so avoids foreclosure in order to pay a debt?
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Divorce Drama
When marital discord spills out of the bedroom, boards need to get ready for trouble.
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