Legal Question in Real Estate Law in New York
partition sale in a co-op
Is it possible to do a partition sale in a co-op apartment building? And if so, how do you get the uninterested seller to leave if she currently resides there?
Asked on 3/02/04, 2:40 pm
2 Answers from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
Re: partition sale in a co-op
If you are talking about splitting up the interest in the shares, this might be allowed, although parition may not be the appropriate proceeding. You will also have to check the by-laws to see if this is a prohibited action.
Answered on 3/03/04, 10:48 am
richard feldman
richard d. feldman
Re: partition sale in a co-op
it doesn't sound like you mean partition.
call me at 516 410 4001 to discuss in free consult
Answered on 3/02/04, 10:21 pm