how to check condo price history attorney general

by Alanis Sauer 8 min read

Do I need a lawyer for a condo conversion?

Jan 08, 2022 · How To Check Condo Price History Attorney General? January 8, 2022 by Paulette Feldman. A great tool for finding Amazon price histories is the website camelcamelcamel. The helpful site lets you track the sales and price drops of any product over the course of its existence on Amazon. All you have to do is copy and paste the listing’s URL into ...

What should I look for when buying a previously-owned condo?

Attorney General Understanding Condominium Living Another Way to Meet Your Housing Needs. Rev. une 2019 Contents 1. ... Generally you will pay a lower price, but you will ... examine its history, and find out any other perti-nent information about living there.

How to contact the Secretary of State condominium Division?

Sales of cooperative and condominium units are made pursuant to the terms and conditions of an offering plan. The Real Estate Finance Bureau reviews offering plans to ensure compliance with Attorney General's regulations, as well as Article 23-A of the New York General Business Law (the "Martin Act") and other applicable laws.

How are sales of cooperative and condominium units made?

Attorney General Ashley Moody’s Senior Protection Team is an intra-agency group of attorneys and investigators dedicated to stopping senior fraud and abuse. Back the Blue Attorney General Ashley Moody’s Back the Blue Campaign awards law enforcement officers, citizens and organizations going above and beyond to support law enforcement.

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What to Look For in The Offering Plan

The following are some of the problem areas about which there are frequent misunderstandings and discrepancies between what is stated in the offeri...

What to Look For Before Closing

There are many things that a person without technical training can do to inspect a home before closing: * Test all of the appliances;* Test all of...

The Housing Merchant Limited Warranty Law

In 1989, the State of New York passed a law to protect buyers of new homes. It is known as the Housing Merchant Limited Warranty Law (General Busin...

What to Do If There Are Problems

In both existing buildings and newly constructed buildings, purchasers must make a distinction between a purchase from a sponsor versus a resale. W...

When do you need a resale certificate for a condominium?

If you are buying a condominium from an individual owner, you must receive a resale certificate package containing the declaration, bylaws, rules and regulations, and any other important informa-tion required by law at least 15 days prior to closing. Any seller who makes an untrue statement of a material fact, or omits a material fact, is liable to the buyer for the resulting damages.

How long does it take to elect a board of directors in a condominium?

Once a developer of a new condominium has conveyed units rep-resenting 50 percent of the votes, a meeting must be held within 60 days to elect the ocers or a board of directors for the unit owners in accordance with the declarations or bylaws.

What is a professional management company?

Generally, a paid professional management company oversees the physical building maintenance. Unless you are already living in a condominium or co-op, owning this kind of home will be a new experience. You may no longer have a lawn to mow or a furnace to maintain, but you have other important responsibilities.

How long is a condominium warranty?

Unless a longer pe-riod is specified, a unit owner is protected by an express warranty for one year for nonstructural defects and two years for structural de-fects. Plans and specifications constitute an express warranty, as does the display of a sample or model representing the condominium. The warranty period begins upon the taking of possession by the original purchaser, or the delivery of the deed, whichever occurs first. How-ever, if you take possession of your unit before it’s completed and the deed has been delivered, the warranty period will begin when you take possession. You must give notice of a defect within the express warranty period. If you are dissatisfied and want to sue, you have to file a lawsuit within two years after the defect is discovered or should have been discovered, or within two years following the date the war-ranty expired, whichever occurs first.

What is a material fact in Maryland?

A material fact consists of information that in-fluences your decision to purchase the unit. You must be given all relevant facts about the condominium property so you can make an informed decision.

How long is the warranty on a heating and air conditioning system?

This implied warranty is for a one-year period after the deed to your unit has been transferred.

What is public offering statement?

The public offering statement fulfills the legal requirements of Maryland condominium law and includes detailed and important information about the property be-ing offered for sale. The developer is liable for any untrue statements or omissions of material fact in the public offering statement for one year after the facts have been, or should have been, discovered.

What are the physical aspects of a condominium?

The Physical Aspects. When purchasing a unit in a cooperative or condominium, most consumers focus on location, size, amenities, and the price. Equally important is an analysis of the physical aspects of the property. This is true for newly constructed buildings, as well as existing buildings that are being converted to a cooperative or condominium.

What is a limited warranty in New York?

In 1989, the State of New York passed a law to protect buyers of new homes. It is known as the Housing Merchant Limited Warranty Law (General Business Law ' 777 - 777b) and, briefly stated, it provides that the seller of a newly constructed home of five stories or less guarantees the home for one year against almost any defect, for two years against defects in the mechanical systems of the home (such as the heating or plumbing system) and for six years against structural defects. The law contains detailed provisions as to how the buyer must provide written notification of the defects to the builder; those provisions are spelled out in the offering plan and must be strictly followed or the repair of the defect is waived. Certain items which occur normally and are considered maintenance items are specifically excluded from the warranty. A typical example is a small amount of nail popping through sheetrock which is caused by normal settlement of the building. Homeowners should read these provisions carefully.

What is the Martin Act?

The Real Estate Finance Bureau reviews offering plans to ensure compliance with Attorney General's regulations, as well as Article 23-A of the New York General Business Law (the "Martin Act") and other applicable laws. Every offering plan includes detailed information related to the physical aspects of the building or group ...

What are the requirements for landscaping?

Landscaping: The regulations require that the landscaping be disclosed in detail, including such things as the number and type of trees to be planted, the approximate number of bushes, whether the grass will be sod or seeded topsoil, whether there will be an underground watering system, etc.

What are facades made of?

Many larger buildings in urban areas have facades made of materials such as brick, cement or exterior insulation finishing system ("EIFS"). Purchasers may wish to consult with an architect or engineer to understand the differences between façade materials.

Do apartment buildings need repairs?

In existing apartment buildings, there is always a need for repairs and maintenance of the building. A buyer should not be deterred by a need for some repairs, but the buyer should be aware of potentially expensive building-wide repairs and should know how much such repairs are likely to cost.

Who is the Attorney General of Florida?

Attorney General Ashley Moody has activated Florida’s Price Gouging Hotline for all consumers statewide. The opening of the hotline comes as Governor Ron DeSantis declared a state of emergency in response to COVID-19.

What is the Dose of Reality website?

Attorney General Ashley Moody launched a new website seeking to educate Floridians about the dangers of misusing prescription painkillers and other opioids such as heroin and fentanyl.

Who released Hurricane Preparedness Guide 2021?

Attorney General Ashley Moody released the 2021 Hurricane Preparedness Guide. She urges Floridians to review the preparedness guide now and understand that planning will be different this year as Floridians continue to take measures to mitigate the spread of COVID-19.

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