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I agree with Steven that consulting an attorney is *mandatory* here. Unsold Shares are one of the most complex and contentious areas of co-op law, with significant changes in interpretation over the years.
One point which I don't believe has ever changed (but confirm with your attorney): if the shareholder has lived in the apartment for even a day, then they are no longer a Holder of Unsold Shares and cannot regain that status.
- Carl Tait
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