By Jay Romano Q We recently bought a small studio apartment next to our one-bedroom and created a two-bedroom. We are paying maintenance on the two units as if they had never been combined. There is a similar apartment in the building that has fewer shares — and pays less maintenance — for the same-size apartment Full Article…
Q & A: An Inheritance, With Restrictions
Q. My mother inherited a co-op in Manhattan, but the co-op board will not give its approval for the shares to be transferred into her name. Can a co-op board do this? A. A co-op board may not prevent the estate of a deceased shareholder from being transferred to a beneficiary, according to Adam Leitman Bailey, P.C., a Full Article…
Q & A: No Dogs for Condo Renters
By JAY ROMANO Q. I own in a condo building that allows only owners to have dogs. Renters have been circumventing the rule by submitting a note from a therapist to the management company saying the dog is part of their therapy. Is it true that a condominium can be kept from enforcing its rules by Full Article…
Q&A: Juggling Two Leases
By JAY ROMANO Q. Is it possible to have two rental leases at the same time? Can I have a rental lease on the place I plan to move to while still having the lease on my current residence? A. The law does not limit the number of leases a person can have at the same time, said Full Article…
Q & A: Rent-Stabilized Corporate Tenants
Q. Is it legal for a corporation to be a rent-stabilized tenant? A. Yes, “a corporation can rent a rent-stabilized apartment,” said Adam Leitman Bailey, a Manhattan real estate lawyer. “But the terms of the rental will determine whether or not the apartment is entitled to the automatic renewals that are normal under rent stabilization.” If the lease names Full Article…
Post-Sandy: Three Attorneys’ Plain-English Guide for Co-op & Condo Boards
By Adam Leitman Bailey, Leonard Ritz and Dov Treiman Jan. 15, 2013 — In the aftermath of superstorm Sandy, many condo and co-op board members have been facing unprecedented challenges, with little experience to guide them. In the first of two installments today, three leading attorneys answer eight questions at the top of every affected board Full Article…
Q & A: When a Super Is a Requirement, The New York Times
By Adam Leitman Bailey Q. Is there a New York City law that a co-op building must have a specific number of units to necessitate a live-in superintendent?
Q & A: Elderly Tenants Breaking Leases, The New York Times
By Dov Treiman Q. I am 77 years old and rent an apartment. If I move before the lease expires, am I liable to pay the balance of rent for the entire lease period? Is there an exception for elderly tenants?