|Event Date||Sun Nov 14 EST (in 17 days)|
ENFORCING THE RULES - Session 307
Boards’ power to impose rules on their community residents is the quintessential feature of cooperative and condominium living. Unfortunately, the exercise of that power often results in acrimony and costly litigation. Attorney Bruce Cholst will discuss strategies for enforcing the rules while minimizing tension and the prospect of litigation. If litigation is unavoidable, he will also explore boards’ powers and legal remedies in compelling compliance with their regulations.
SUBLET ISSUES IN NEW YORK COOPERATIVES - Session 305
Many cooperatives periodically review their sublet, admissions and "guest" policies to ensure a consistently balanced approach to the changing needs of the building and its shareholders. Attorney Andrew Freedland will examine subletting both from the point of view of the board of directors and that of shareholders who may wish to sublet. He will discuss implications of the recently adopted HSTPA on sublet policies and will help participants consider procedures for reviewing sublet candidates and sublet fees. The class will also explore restrictions and conditions that boards might consider imposing in sublet situations, including short term sublets. Laws and possible board policies with respect to occupancy by 'guests' and 'roommates' will also be discussed.
ALL ABOUT HOUSE RULES - Session 207
Every cooperative and condominiums starts its existence with a set of boiler plate house rules. Over time these can be updated, amended, (or simply ignored!) as new building policies are instituted. Attorney Peter Livingston will discuss the role of House Rules in a cooperative or condominium, their relationship to other corporate documents, how to change House Rules and ways to make sure that everyone knows what the House Rules are. Examples of what belongs or does not belong in the House Rules will also be discussed.
Bruce A. Cholst
Partner, Herrick's Litigation Department
Andrew B. Freedland
Partner, Herrick's Real Estate Department
Senior Counsel, Herrick's Real Estate Department