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New estoppel legislation in 2017

The new estoppel legislation for condominiums, coops and homeowner associations becomes effective on July 1, 2017. What follows is a summary of the condominium estoppel law but the laws for coops and homeowner associations are mostly the same.  As always, since this is only a summary, please refer to the law itself for the full text of the legislation.

1). The association has 10 business days after receiving the request to provide the certificate.  If the association fails to provide the ...

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