Tag

selling units

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Events (5)


Surrogate’s Court, Administrators and Executors

What happens to an apartment after a neighbor dies?

Stock Transfer & “Succession” in HDFCs

Join us to learn about succession and stock transfer in HDFCs.

Selling Co-op Shares Part 1

Join us for an overview about affordability, setting prices and selling shares in an HDFC cooperative. Be sure to check out part 2 for more detailed information.

Identify New Shareholders

How does a shareholder or HDFC sell a unit in compliance with its legal documents? What does a prospective shareholder interview look like? Must the sale use HPD’s “Housing…

Housing Court + Fair Housing

Fair Housing Taking residents to court for nonpayment is a last resort. Come learn how housing court works and your HDFC’s obligations under NYS and NYC fair housing laws.

Resources (9)


2021 Area Median Income Guidelines

What do income limits mean, how are they determined, and what are the income guidelines for 2020?

Sample Proprietary Lease

This is a sample of the proprietary lease of of an HDFC cooperative. Proprietary leases are part of your cooperative’s governing documents.

Sample Resale Policy or Amendment to Proprietary Lease

Sample policy on selling units in your HDFC, plus notes on capital improvements.

Guide to Resale Policies

Learn what your governing documents have to say about selling apartments, and how to create your own resale policy.

Who Owns the Apartment? Dealing With Spouses, Roommates, and Children

Your co-op’s legal documents allow you to pass on ownership of your unit to a spouse, child, or non-relative.

Guide to Wills, Estates, and Surrogate’s Court for HDFC Co-op Boards

Familiarize yourself with common terms and procedures around wills and estates.

2020 Area Median Income Guidelines

What do income limits mean, how are they determined, and what are the income guidelines for 2020?

How does a cooperative operate?

Operating a cooperative takes organization and cooperation. This resource is a guide to some of the basic functions fo a co-op.

Sales and Transfers: What documents do we need?

Checklist of the legal documents involved in the sale of a unit.