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picture1_Agreement Contract Sample 203669 | Tenant Buyouts 7 9 2015


 89x       Filetype PDF       File size 0.05 MB       Source: ag.ny.gov


File: Agreement Contract Sample 203669 | Tenant Buyouts 7 9 2015
____________________________________ STATE OF NEW YORK DEPARTMENT OF LAW _________________ REAL ESTATE FINANCE BUREAU M E M O R A N D U M _________________ Re: Tenant Buyouts Date: July 9 ...

icon picture PDF Filetype PDF | Posted on 10 Feb 2023 | 2 years ago
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...State of new york department law real estate finance bureau m e o r a n d u re tenant buyouts date july i introduction the publishes this memorandum as guidance document pursuant to administrative procedure act section it repeals and replaces dol dated titled buy out offers for purposes buyout agreement is private contract between building owner under which agrees surrender their unit in return some consideration usually lump sum payment permitting be made tenants rent regulated units certain circumstances with disclosures takes no position on legality these agreements recommends that seek advice counsel whether acceptance offer waiver rights regulation laws ii martin protections one purpose protect buildings undergoing conversion condominium or cooperative ownership from harassment deterioration services threats imminent eviction see y ch also park w vill assocs v nishoika misc st dep t overarching gbl eeee tenancies during process such related regulations give first gives right purch...
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