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how long after the acceptance can the sponsor sell them an apartment as unsold shares? 1 year, 2 years?
what if they evict the tenant, I think the new-owner lied to them and the tenant got bad legal advice. who knows it may have been the sponsor giving the legal advice though. How can this happen in a non eviction plan , and also considered unsold shares to the new owner this way besides approvals they escape the monthly sublet fees. thanks, I have to act real fast if there is something rotten going on here.
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any ideas on how long after the co-op plan was accepted can a occupied apartment be sold as unsold shares.
i have the original owner list from 20 years ago, i think one of the holders of unsold shares, sold the apartment to this person, long after the plan as finalized and accepted, we are talking years.
when unsold shares are sold they are no longer unsold shares.
anyone know what type of lawyer specializes in share owner issues?
could the answer be in the the by laws or proprietary lease? i have read both many times,and dont remember seeing it, don'tit may be referred to as some other legal term
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