Legal Question in Real Estate Law in New York
transfer name of co-op
i lived will cousin for about 8 years.we shared everything.she was hosiptalized for 1 year. she passed 12/06 and i keap up payments for that year and still doing so.co-op in her name only.can my name be transfered to co-op and loan
Asked on 12/31/06, 6:13 pm
1 Answer from Attorneys
Arnold Nager
Arnold H. Nager, Esquire
Re: transfer name of co-op
My condolences on your loss.
Did your cousin leave a will?
How are the shares in the co-op titled?
Are you the closest surviving relative?
If not, are the closest living relatives willing to let you take over their possible inheritance?
Finally, will the co-op board approve you as an owner?
Answered on 1/01/07, 11:58 am