Property Q&A in 11367>Question Details

oj981, Home Buyer in Queens, NY

can a coop charge a maintance increase to a new owner ?

Asked by oj981, Queens, NY Fri Apr 5, 2013

i just bought my coop in june 2012 i thought they could not increase maintance during the first year

Help the community by answering this question:


Yes they can. New owners can not avoid maintenance increases or assessments.
0 votes Thank Flag Link Fri Apr 5, 2013
Generally maintenance can go up for all residents for a variety of reasons, such as increases in every day expenses, assessments, etc.
0 votes Thank Flag Link Fri Apr 5, 2013
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