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CAI-LI Trade Show 2024 – Sneak Peek

Join us, Saturday, October 19, 2024, for the CAI-LI Annual Trade Show . Free admission for Board members of co-ops, condos, and HOAs.  Don’t miss this day – you’ll find service providers, meet other board members, and learn useful information regarding all practical matters of community association living. Please join us! Continue reading “CAI-LI Trade Show 2024 – Sneak Peek”

Refresher: Suffolk County Cooperative Housing Law

In 2009, Suffolk County passed the Suffolk County Cooperative Housing Law seeking to, among other things, “require cooperative boards or associations to give potential buyers written notice of the grounds for a rejection of a potential buyer’s application for purchase.”  Continue reading “Refresher: Suffolk County Cooperative Housing Law”

Amendments to New York’s Property Condition Disclosure Act Creates a Severe Burden on Sellers

When it comes to buying homes in New York State, purchasers tend to hear the terms “buyer beware” or “caveat emptor”.  Under New York State law, a seller of residential real property either has to answer a forty-eight-question disclosure or they could “opt out” of providing the disclosure and give the purchaser a $500 credit at closing – until March 20, 2024, that is.
Continue reading “Amendments to New York’s Property Condition Disclosure Act Creates a Severe Burden on Sellers”

Recent Court Ruling Allows Landlords to Use Same Predicate Notice in Subsequent Proceedings

Courts have, until recently, applied a bright line rule that a predicate notice is no longer valid once a holdover proceeding ends, and may not be used again in a subsequent proceeding. Landlords were often forced to re-serve 30, 60 or even 90 day notices.
 

Continue reading “Recent Court Ruling Allows Landlords to Use Same Predicate Notice in Subsequent Proceedings”

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