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”
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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”
CLOTHESLINES and other new technologies
Most Long Island community associations have a House Rule that prohibits homeowners from hanging their laundry outside to dry on a clothesline.
Most Board Members in these communities would be dismayed to learn that, in community associations in other parts of the country, such rules are being eliminated — either by popular demand or legislation.
Continue reading “CLOTHESLINES and other new technologies”
