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Amending Governing Documents In Cooperatives and Condominiums: Proprietary Leases, Declarations and By-laws

  • By: Michael Kayam
  • Published: November 10, 2020

The main differences between condominiums and cooperatives are their ownership structures and their governing documents, which contain the policies and rules for living in these communities. Condominium governing documents provide condominium unit owners a more flexible form of ownership regarding sales and leasing, whereas cooperative governing documents are typically more restrictive and have a more detailed sales and leasing application…Read More