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We have an illegal (unapproved) sublet. Fairly recent purchase, buyer advised he must wait 2 years before applying to sublet and that it is not guaranteed. Ownership is under 18 months now. Other than having a lawyer letter sent, what is an appropriate fine/penalty other than moving to revoke his lease? No bank mortgage on the unit.
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You should check if your building has the reserves and operating funds the spend money on legal action and how much trouble it'll take to recuperate the cost. If the owner never sells, the building is out of luck along with the funds wasted on violating the proprietary lease. Don't be penny wise pound foolish. Use the funds on improving the building instead unless you find his tenant obviously breaking more than house rules. You can try sending a warning letter first if the building retained a lawyer that includes sending Notice to Cure.
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Board Talk members who registered prior to March 9th, 2016 will need to reset their password.