CONDO & HOA LAW
Unlike homeowners and condominium associations, a cooperative (or co-op) is a nonprofit corporation in which the corporation holds the title to the property and grants proprietary leases to residents. A co-op is collectively owned and managed by its residents with a Board of Directors being largely responsible for decisions relating to the property. Because the structure and social dynamics are unique for co-ops, we understand that legal issues can become complicated. We encourage you to contact our office today to learn more about how we may assist in navigating the distinct legal needs of your cooperative community.