A co-op's failure to secure a signed assumption agreement for apartment alterations led to a $2.5 million repair bill, highlighting the importance of ensuring buyers take responsibility for previous modifications through signed documents.
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“Alteration Agreement” returned 4 articles
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ArticleTopicsColumn TypeIssue
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Alteration Pass-Along
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Building A Better Alteration Agreement
Make your alteration agreement crystal clear for both shareholders and contractors.
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Plug All Possible Holes in Your Licensing Agreement
You can't be too careful when it comes to access requests.
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Make Your Agreement Airtight
What your alteration agreement shouldn't overlook.
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