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Q & A: An Inheritance, With Restrictions

Q. My mother inherited a co-op in Manhattan, but the co-op board will not give its approval for the shares to be transferred into her name. Can a co-op board do this? A.  A co-op board may not prevent the estate of a deceased shareholder from being transferred to a beneficiary, according to Adam Leitman Bailey, P.C., a  Full Article…

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Breaking Bad: Dealing with Rule Breakers

By Adam Leitman Bailey, Leonard Ritz and Dov Treiman   Jan. 15, 2013 — In the aftermath of superstorm Sandy, many condo and co-op board members have been facing unprecedented challenges, with little experience to guide them. In the first of two installments today, three leading attorneys answer eight questions at the top of every affected  Full Article…

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