Cooperatives and Condominiums

Basics of the condominium and cooperative forms of ownership of real property. Includes discussion of legal nature and structure of condominiums and cooperatives; comparison of the two; review of the critical underlying documentation of each (declaration of condominium and by-laws and cooperative proprietary lease and by-laws); special tax aspects of each; regulatory concerns, including offering plans; tax aspects of each; review of documentation and procedures in typical transactions; loans; title insurance; operating issues of the associations; special topics of conversions, commercial properties, etc.

Credits: 2

Type: SEM

Does this course satisfy the writing requirement? No

Does this course satisfy the skills requirement? No

Is this course open to LL.M. students? No

Partial list of professors who teach or have taught this course:
Leeds, Matthew Fall 2010