Now each co-op complex will have their own personalized package, but above are the common documents that you must have to complete the package.
I hope my answer helpled you.
real world experience I think I can contribute. I
currently word part-time for
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bit about you so that they can get to know you. I really am looking forward to being part of this
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going to recommend this board to a couple of my friends who spend a lot of work of
others forums that are not near as activate as this one. Suprisingly we had never heard of this board until I did a
Google search and found it. I am part of
<a href=http://www.rickwiese.com>San Diego Auto Insurance Agent</a> and spend a lot of time helping people in real
life so I figured online communities would be great too. Anyway you will be seeing a lot more of
me around the board now since I finally signed up.
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The application itsself will let you know exactly what paperwork is needed and you'll need to comply. You'll also need to include check payments to cover processing fees, board fees, a credit check and most likely a move-in fee. In Manhattan, these fees can amount to a couple of thousand dollars.
Once you've gotten all your paperwork together, your broker should review it all, advise you of any missing paperwork and help you put it in order as per the application. It's always wise to separate portions of the application with a header sheet for each section with a different colored sheet.
Some boards are so specific that they will require separate header sheets and possibly with tabs. I had this occur once and the application also required the package to be in a three hole hard covered binder!
You will need an extra set of eyes to make sure the package is done correctly the first time. This is just another aspect of the added value of using a broker. Don't go it alone. Get a broker you feel comfortable with and allow them to do what they do best. Good Luck.
Mitchell has answered it all except that it is usually prepared for you by your buyer broker (at no charge to you) and sometimes by the seller's broker, if you don't have either you may want to ask your attorney to help you prepare the package and to prepare you for your meeting with the coop board. The whole process can be a bit arduous and time consuming as there are much personal & financial information to be disclosed,as well as many documents and copies to be collected, organized and packaged for presentation.