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include a firm loan commitment letter from the bank. 2) The additional detail that the board has asked
include a firm loan commitment letter from the bank. 2) The additional detail that the board has asked
for repairs, fuel, staff members, real estate taxes, and mortgage payments," attorney Kevin R. McConnell
Leitman Bailey, head of his eponymous firm, tells the Ask Real Estate column in the New York Times. In New
underlying mortgage. The darkest part of the cloud was the prospect that the shareholders could ultimately
into a mortgage that it could not refinance. “We didn’t want to raise maintenance because it was already

How to Fund Projects UNABRIDGED

Magazine Article by Jeffrey P. Roude on June 19, 2018

. Because most co-ops have refinanced their mortgages over the last few years, many are now looking

What Are Insurance Programs? UNABRIDGED

Magazine Article by Mari Ann Cole on June 19, 2018

? Do you really need it? These are the type of questions that you should ask a broker about. Insurance

How to Deal With Budget Surpluses UNABRIDGED

Magazine Article by Avi Zanjirian on June 19, 2018

depreciation this year. But it was also switching from fuel oil to natural gas and had refinanced its mortgage ... is what you should be asking for. Particularly if your co-op or condo is expecting a surplus.

What Should a Board Director Do? UNABRIDGED

Magazine Article by Carl Cesarano on June 19, 2018

was successfully deposited electronically. In the corporate version of this you would ask, “Did all our maintenance

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Ask the Experts

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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

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