New York's Cooperative and Condominium Community
The mgmt company in my condo recently put into effect a new sublet rule that all unit owners subletting their unit(s) will have to pay $300 application fee plus $300 deposit for the duration of the lease. Some of us old-timers complained to the board that since this rule was not in place when we bought the condo, we shouldn't be subject to such regulations unless the new rules have passed the majority vote. The board rejected our argument and told us that a rule is a rule and it applies to everybody. We are contemplating contacting a lawyer to fight this. This is not just about this $300 application fee. We are concerned that once we let the board and the mgmt company start this dictatorship, there is no telling what other fees they will add. Do we have any legal recourse against the mgmt company and the board ?
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