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North Shore Towers Courier n September 2014 27 Legal Tips on Co-op Sales at NST seminar In many cases, it is the biggest investment you will ever make – your co-op, of course. With the idea that you can never have too much information about your home, NST’s attorney Errol Brett hosted a seminar recently aimed at informing people about the laws and tips of selling and buying co-ops and condos. “Despite having an attorney, an accoutnant and a real estate broker as part of your team, it is stil very important that the individual know for themselves all aspects of the transaction,” Brett writes in pamphlet handed out at the seminar. The seminar assembled a group of professionals with the lastest and best advice on coop sales. Brett covered topics from noisy neighbors and contract clauses to whether or not the board of directors can set minimum purchase prices. Among the trickier issues these days, he says, are whether your coop can be held in the name of a private corporation or partnership – which can have a big impact on estate planning and taxes. The event was staged in cooperation with Linda Rappaport of Greenthal Property Sales and included sponsors The Queens Courier, Men on the Move, Full of Surprizes Estate & Tag Sales Ltd., Patriot One Mortgage Bankers LLC and Atria Cutter Mill. A six-page, what-to-watch-for pamphlet outlining such concerns as getting past the interview, due diligence and offering plans is available from Brett. You can get a copy at his office on the NST Arcade or by email at eb@ errolbrett.com. Photo courtesy of North Shore Towers Attorney Errol Brett and broker Linda Rappaport with the event sponsors (Top row, left to righ)t: Men on the Move’s John Beyer and Brett; (bottom row, left to right) Patriot One Mortgage Bankers’ Susan Khani;, Atria Cutter Mill’s Megan Branigan, Rappaport, and Full of Surprizes Estate & Tag Sales’ Madeline Winn. GB&K/DCS llc Stop In And See What We Offer! Great Service, Pricing & Reliability Jon Kirshner (North Shore Towers Resident) We Provide Full Design & Construction Services Come visit our showroom in Great Neck to select all the materials for your home improvement Of course our materials are discounted..... but not service! 156A Middle neck roAd • greAt neck • 516.487.1975 • fAx: 516.487.1994 NYC LiCeNSe #1412721


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