Co-ops generally have a few more rules than Condos. These rules may include the following:

Liberal Sublet Policy: Co-op buildings that have a sublet policy that allows unlimited rentals after 2 or less years of living in the apartment.
Guarantors Allowed: Co-op buildings that allow guarantors to be responsible for unpaid charges.
Co-purchase Allowed: Co-op buildings that allow multiple buyers where one buyer will never occupy the apartment.
Gifts Allowed: Co-op buildings that allow gifts to be used to pay for the cost of the apartment.
Parents Buying: Co-op buildings that allow parents to buy apartments for children in the child’s name.
Pied-A-Terres: Co-op buildings that allow owners to live in the unit part-time.

You should always confirm these rules with your lawyer prior to buying. If you find that we have an error, please email us at support@yurtah.com to let us know.

How can we help you

Seller

Broker

Buyer