Tenant's Association Coop and Condo Inspections
The
State of New York Office of the Attorney General the sponsor to supply
a report prepared by a Licensed Professional Engineer
or Registered Architect for condominium
and coop conversions. After the sponsor transfers control of the
building, the new owners become responsible for expenses. By the
time the sponsor transfers control, the condition of the building may
have changed significantly from the time of the initial conversion.
There may also be a dispute between the sponsor and the tenant's association
as to the actual condition of the building.
If you are buying a condo or coop unit, click here. If you are buying a building, click here. If you are converting a building to a condo or coop, click here.
To protect their interests, many tenant's associations retain a Licensed Professional Engineer to prepare a report on their behalf. This report will compare the condition of the common areas to the conditions indicated in the original sponsor's report. If there are significant differences, the tenant's association can request that the sponsor adjust the reserve fund. Planning ahead can help prevent large assessments in the future.
To
setup an appointment with Heimer Engineering PC for a home inspection, building
inspection, condominium inspection, coop inspection, or Professional Engineering
consultation, to find out about other Professional Engineering services offered,
or for more information, call us anytime at 718.544.3000, 212.563.4777,
516.487.2100, 631.858.5500, 914.576.6100, 845.638.4900, or 800.605.1500
or you can click here to contact
us 24/7 using the online form.
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