Bricktionary

… City condo board has limited ways to exercise control over sales in the building unlike a coop board which has much … a waiverand let the sale go ahead so it is very rare for a board to exercise the right of first refusal although … the right of first refusal should eliminate the need for condos to require the kind of board packages requested by …

… basic level a reverse mortgage is what it sounds like a home loan where the bank pays you based on your homes value … law according to the New York State Department of Financial Services NYSDFS Borrowers need to be at least 62 years old … also usually come with costs including closing appraisal application and attorneys fees though origination fees on …

… York City own the land they sit on but a tiny percentage rent the land from someone else These are called landlease … lease anyone thinking of buying into a landlease building should consider the potential risks outlined below  … Coop … because of the different ownership structures In a coop you only own a percentage of the shares and not the property …