Int 0438-2024

Requiring cooperative corporations to provide financial information to prospective purchasers of cooperative apartments.

This bill would require any cooperative corporation to disclose its finances to a prospective purchaser whose offer to purchase an interest and right to reside in the cooperative corporation has been accepted. The financial information would have to be provided within 14 days of a request by the prospective purchaser.

Status

Filed (End of Session)

Introduced By