by Debra Guzov | Guzov's Good Advice, Real Estate Legality
The question of who “owns” a co-op is more complex than deliberating about who owns a condo. Where condo buyers actually buy the unit they reside in, individuals purchasing co-ops are actually only buying a set amount of shares equal to the value of the unit – it is...
by Debra Guzov | Guzov's Good Advice, Real Estate Legality
New Yorker’s know that purchasing a condo is significantly easier than purchasing a co-op, as condo purchasers are not subject to lengthy and invasive interviews and overall, have more freedom than co-op shareholders. This is especially true when undergoing estate...