ARCHIVE SEARCH RESULTS

It is important to approach your neighboring building for access to your property early and with transparency, as money and access can often be sticking points, and legal action may be necessary if negotiations fail. (Print: BE CANDID AND HOLD FIRM)

Alteration agreements should be carefully checked for completeness and time frames, and an alteration and assumption agreement should be signed by incoming purchasers to ensure that the current owner takes responsibility for any issues arising from the work. (Print: A CLOSE EYE AND IRONCLAD AGREEMENTS)

Board directors are generally held harmless and indemnified for legal fees and loss in the ordinary course of business, but they may be liable for intentional harmful acts or acts without authority, and insurance policies may not cover punitive damages for discriminatory actions. (Print: ACT IN GOOD FAITH AND WITHOUT CONFLICT)

Co-ops must investigate complaints about smoke and odors emanating from apartments, and take action to solve the problem before serving a formal notice to cure or bringing an action against the smoker for violating the proprietary case. (Print: ACT QUICKLY BEFORE THINGS REALLY FLARE UP)

The board of a building must protect the building, themselves, and other board members by seeking legal guidance and being fair and consistent in their treatment of all candidates, while also managing the length of written bios and spoken statements at the meeting. (Print: COPING WITH A CONTENTIOUS CANDIDATE)

The Ground Lease Renewal Bill (A10467A) has passed, easing financial complications for about 100 Queens and Westchester co-ops with land leases, allowing buyers to obtain 30-year mortgages and co-ops to remain in good standing. (Print: A NEW RENEWAL LAW AVERTS A CRISIS)