New York City Condo and Co-op Offering Plans
A condominium and cooperative development offering plan is a highly detailed document that can range from 200 pages to well over 500 pages. In this detailed document, many important legal and financial issues will be addressed. Among these include full disclosure of any property defects and the relationships among the unit owners, board and the sponsor. Barry Mallin & Associates, P.C. offers experienced representation in the area of co-op and condominium offering plans and handles all review procedures before the New York State Office of the Attorney General.
Barry Mallin & Associates, P.C. offers knowledgeable legal assistance regarding real estate issues such as condo and co-op offering plans to clients throughout New York City, Long Island and Up-State. Call us at 212-285-1200 to schedule your consultation. You may also contact us online to have someone from our firm be in touch with you.
Every offering is required under New York state law to undergo a review procedure approved by the Attorney General's office. Our lawyers have extensive experience in this often complex area of law. They can guide you through the complexities to ensure you obtain regulatory approval for a condominium or cooperative.
A sponsor is obligated under the Martin Act to comply with various terms, including full disclosure of any material fact. Our firm reviews, drafts and amends offering plans to ensure the following is provided:
- Building description
- Financing
- Rights and obligations of each involved party
- Certifications and documents
- Purchase procedure
- Operating agreements
Contact us to arrange you consultation with attorney Barry Mallin.
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