New York Condominium and Cooperative Law analyzes and explains a wide range of issues surrounding ownership of a condominium or cooperative in New York. It provides integrated discussion of the statutes, regulatory provisions, and judicial decisions governing the creation and management of condominium and cooperative units in the state. The author discusses:
- Legal structures and relationships
- Tenants' rights
- Contract stage
- Closing and postclosing procedures
- Financing
- Rules and management decisions
- Tort/criminal liability
- Statutory and administrative controls
- Creation of condominiums and cooperatives
- Administrative filing procedures
- Sponsor's obligations
- Rights of tenants
- Unit owner default
- Offering plans
- Proprietary leases
- Conversions
- Eviction plans
- Blanket mortgages
- Common elements
- Flip taxes
- Office and commercial units and mixed-use structures