Check your bylaws and lease for internal inconsistencies and conflicts with the law, then explain the documents to shareholders before revision.
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Showing articles 41 to 50 of 64 results
returned by “Proprietary Lease”
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ArticleTopicsColumn TypeIssue
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How to Revise Governing Documents
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When a Board Must Be “Reasonable”
What does it mean when a board cannot act “unreasonably”?
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Marc A. Landis
When building policy blocks a desirable apartment sale, boards might be able to work around restrictions.
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The Commercial Sublet Fee Quagmire
Fighting over a commercial lease.
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Board Hires Now, You Pay Later
What constitutes “prompt action” when it comes to unit repairs?
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Sublet Policies
Can a co-op make a rule to stop new shareholders from subletting, but keep the old policy for current shareholders?
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Keep Detailed Records
Keeping detailed records will help your board should an amendment be challenged.
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Out of Date
Technology and the law – two big reasons for revising your proprietary lease.
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Who's Responsible for Terrace Doors?
If terrace doors are not mentioned in the proprietary lease, who is responsible for them?
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Sitting on the Roof
A co-op attempts to restrict access to the roof to shareholders who are entitled to its use.
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