Category Management

Refinancing Your Mortgage?

By Randall A. Pentiuk & Joseph G. Couvreur, Esq. The refinancing of a cooperative is a expensive and time consuming process. One of the cost associated with refinancing involves the purchase of land survey which is known as an ALTA survey.  Lenders commonly require such a survey. ALTA stands for American Land Title Association and […]

Nightmare on Board Street

By Randall A. Pentiuk & Brittny Harris, Esq. It was a quiet, peaceful community, until residents of a housing cooperative insisted on keeping a pet.  Many housing coops do not allow pets in their units, and advised the members that they could not keep their dog, even though the member had a note from their […]

Does your housing cooperative have a member selection policy (TSP)?

By Randall A. Pentiuk, Esq. Most housing cooperatives have a tenant selection policy, which helps ensure that tenants are selected for occupancy in accordance with either HUD requirements or state, federal and local laws.  If your housing cooperative is regulated by HUD, then there are specific guidelines you must follow in order to continue to […]