Real Estate Closing Guide
What a purchase of a home, coop, condo can do to avoid major mistakes
Coop Purchase GuideHave your attorney review the financial statements for the past 3 years along with the Offering plan and the amendments
Review the Board meeting minutes for any major repairs, litigation, assesments to be proposed by the Board, increases in the maintenance.
Verify the amount of shares, house rules, subletting policies, pet policies, maintenance and parking availability with the Management office.
Order a judgement and lien search to avoid any mechanical, tax liens, UCC statements
Condo PurchaseIn addition to the above also order a title search with all municipal searches to determine the Certificate of Occupancy Status and the By Laws