New York's Cooperative and Condominium Community
We are a condo and a by-law states that we have the right to charge the unit owner our legal fees in regards to defending our by-laws if a law suit insues. OUR CEO said that as of june 1st , you can no longer charge a unit owner the lawyers fee in regards to defending the by-laws. We live in NYC.Has anyone ever heard of such a thing. Or that a City law can supersede the by-laws made by NYS?
Join the Conversation Comments (2)Your CEO might have been referring to the new law “Housing Stability and Tenant Protection Act of 2019” which places a limit on what monies can be collected by a landlord in a summary proceeding.
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It IS possible for NYC/NYS law to supersede by laws. The horrible Roommate law is an example of this for co-ops.
I would ask your CEO to cite which law has changed that now prevents you from recovering legal fees as your by laws state.
If he’s telling the truth, he should be able to explain what has now changed.
If he can’t and/or won’t explain, then he’s probably full of it.
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