Legal Question in Real Estate Law in New York

Amending by laws of a cooperative apartment

When does the board of directors of a ccoperative aparmtnet have to inform the sharehloders that is has amended the by laws of the cooperative. Our board has changed the size of the board of directors,the length of time board member may serve, the voting procedures and is selling off a unit that the shareholders own; without informing the shareholders.


Asked on 3/29/06, 11:34 am

2 Answers from Attorneys
Robert R. Groezinger GroezingerLaw P.C.

Re: Amending by laws of a cooperative apartment

1- Look at the offering plan and amendments

2-Look at the by-laws

Good Luck

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Answered on 3/29/06, 12:23 pm
Debra Palazzo Law Offices of Debra Palazzo, LLC

Re: Amending by laws of a cooperative apartment

You need to review the governing documents that you should have received when you purchased. If they have acted unlawfully you may bring an action against them.

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Answered on 3/29/06, 10:08 pm


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