Home Buying in Freeport>Question Details

Alease, Home Buyer in 11756

I've found a co-op that I like, but the listing agent says the co-op rules are not available for my

Asked by Alease, 11756 Wed Jul 23, 2008

inspection until after I'm in contract. This sounds wrong. What can I do?

Help the community by answering this question:


Co-op rules, financials, etc., are always provided to your attorney for review before the contract is signed. In some developments this information is only released to the attorneys and not the agents; therefore make sure you hire an attorney who is familiar and has done co-op transactions.

0 votes Thank Flag Link Fri May 15, 2009
That is ridiculous. With every co-op I have been involved in a copy of the prospectus, the financials, and the rules are required by the buyers attorney before contract. You attorney probably won;t let you go into contract without these. This does not sound on the up and up to me.
0 votes Thank Flag Link Thu Jul 24, 2008
Call the management Company which should be listed with phone number on the listing sheet and ask for a copy of the co-op house rules for you to inspect. You can also ask for the financials. You should not have to wait until you are in contract. Need a good agent. Visit my web site PaulMVPteam.com.
Web Reference: http://PaulMVPteam.com
0 votes Thank Flag Link Wed Jul 23, 2008
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