Cozen O’Connor: The Cooperator Q&A: Board - Buyer Runaround

The Cooperator Q&A: Board - Buyer Runaround

Friday, April 1, 2016

Leni Cummins, a member of Cozen O’Connor’s Real Estate practice group, addresses a cooperative shareholder's concerns that his board's decision to implement new policies, and not to produce a requested application package, may have impacted the shareholder's ability to sell his unit in The Cooperator. Leni outlines what is required by coop boards in order to take action or employ a new policy, as well as the ability for property owners to access the purchase application, and the circumstances in which a coop board is not obligated to process a purchase application.

To read the full article, click here.

Contacts

Leni Morrison Cummins

Member

lcummins@cozen.com

(212) 883-4954

People

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