What Is Important To Know About A Co-Op Apartment Purchase?

  • A Co-Op apartment is similar to home owning, but different for the fact that it is a stock ownership
  • When you close for a co-op, it will usually take place at the co-op attorney’s office
  • At the attorney’s office, they will issue you a stock certificate and a proprietary lease, which gives you the right to live in the unit you are buying

This short informational legal video was provided by Irwin Weinstein a Brooklyn Real Estate Lawyer.

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The personal injury law firm of Goldberg & Chase, LLP. in Brooklyn, New York represents clients throughout the New York (NYC) metropolitan area, including the five boroughs: Brooklyn, the Bronx, Manhattan, Staten Island, and Queens. The counties we serve include Suffolk County, Nassau County, Westchester County, and Putnam County.