Purchasing a co-op apartment is a specialized transaction. It is important to consult with a knowledgeable and experienced attorney to help you protect your interests and make your co-op purchase a success. Our skilled lawyers at Pearlman, Apat, Futterman, Sirotkin & Seinfeld, LLP, have significant experience representing clients in these unique real estate purchases. We are familiar with all of the issues involved in buying a co-op apartment, and we strive to take you through the process efficiently and smoothly.
Queens Attorneys for Co-op Purchases
Our experienced and dedicated staff assists clients entering into co-op apartment transactions in the following areas:
- Review of the co-op's financials
- Review of the co-op's offering plans
- Review of the contract of sale
- Review of the loan commitment
- Assisting the client in applying for co-op board approval
- Ordering a judgment/lien search
- Preparing the client for the closing, attending the real estate closing and providing closing statement
Gaining Board Approval When Buying a Co-op
When attempting to purchase a co-op apartment, gaining a co-op board's approval can be one of the most challenging steps. The Board of Directors has the power to decide if a prospective buyer will be approved to become a shareholder in the cooperative. Our attorneys will carefully review the requirements of your particular co-op in order to assist and guide you as you attempt to obtain the Board's approval.
To discuss your legal needs regarding a co-operative apartment transaction, contact us by e-mail or call today. Over our 60 years of practice, Pearlman, Apat, Futterman, Sirotkin & Seinfeld, LLP, has helped thousands of clients manage their legal needs. Our law firm is located in Queens, with additional offices in Hicksville and Manhattan, and we represent clients throughout the New York City and Long Island areas.
