New York's Cooperative and Condominium Community
We did an addendum last year. After taking a shareholder vote, the corp attorney wrote up the addendum and mailed it to all shareholders. No special form, just a legal letter. Yours would be put next to the original page for subletting.
Make sure the shareholders vote on your revision!
Just a thought...are you revising the entire policy or just adding a fee, length of lease, residency prior to leasing or anything like that. If this is the case, then you just have to adjust the house rules not the PL.
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Habitat U: learn about how to manage a building, and what you should know as a co-op or condo board member.
Search, by word or phrase, all magazine articles from January 2002 to present. You may print or email your results. Print subscribers receive free access to the Habitat Article Archive.
Learn all the basics of NYC co-op and condo management, with straight talk from heavy hitters in the field of co-op or condo apartments
Professionals in some of the key fields of co-op and condo board governance and building management answer common questions in their areas of expertise
Got elected? Are you on your co-op/condo board?
Then don’t miss a beat! Stories you can use to make your building better, keep it out of trouble, save money, enhance market value, and make your board life a whole lot easier!