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2 votes
0 answers
243 views

Who owns a co-op building if the proprietary lease expires?

I've seen multiple claims that if a co-op building lets the proprietary lease expire, then shares in the corporation become worthless (even if the corporation owns the building and land outright, ...
user3188445's user avatar
2 votes
1 answer
209 views

NYC Warranty Deed - minimum documentation required for transfer to LLC

I have the need to transfer an apartment my wife and I own Fee Simple to a Multi-member LLC whose members are currently the two of us. I have prepared a standard Warranty Deed to do the transfer and ...
FDS's user avatar
  • 121
3 votes
1 answer
353 views

If you buy an apartment that has a rent controlled or rent stabilized tenant in it can you evict them to move in?

Suppose I buy an apartment which has a rent controlled or rent stabilized tenant but I want to use the apartment as a primary residence in NYC. Do I have the right to evict the tenant and move in?
Sidharth Ghoshal's user avatar
12 votes
2 answers
5k views

Can a real estate agent refuse to show a rental property (apartment) in NYC if I don't provide my eligibility information?

I'll email the Nooklyn real estate agents in the New York City area with a question about the property (e.g. floor level, elevator availability, cost of parking, etc.), and they almost always respond ...
KingsInnerSoul's user avatar
0 votes
0 answers
31 views

NYC new apartment purchase- transfer of funds to trust account of the attorney

We live in Australia and we bought a new apartment in the US(NYC). We already paid 30% of the apartment price and for the closing we need to pay 70%. Our US lawyer told us that we should transfer the ...
G83's user avatar
  • 1