Once the co-op is purchased, it should not be sold out from under her as long as the maintenance, mortgage and all other payments are made in a timely manner. There are no "property rights" in a co-op as there are only shares of a corporation that are being purchased. As to who pays these fees would be between you and your sibling.
If you have any further questions, please feel free to contact me.
Good luck to both of you.
Arlynn B. Palmer, ESQ, CBR,SRES, CMS,CNS
Daniel Gale Sotheby's International Realty
Cell #: 516-410-3594... more
Have your new agent write your offer and either present it to the sellers agent or the sellers agent's broker. Your new agent should know how to get the offer in front of the seller. Sometimes a seller will tell their agent not to accept or show them an offer under $xxx amount and the agent can then do what it sounded like she did already to that offer. Until it gets accepted then it is not under contract and able to accept offers and back up offers.
If they reject your offer have the sellers agent get it in writing.... more