Stephen M. Lasser, Esq. (Author)

                           
                        
                           

Publish Date: January 24, 2010

                        
                           

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Q: “If a unit owner is deceased, what are the inheritance rights of a relative, for example, let’s say, siblings, to moving in and taking possession of an apartment?”

A: “There are several issues that have to be examined to determine who succeeds to the rights of a free market cooperative apartment,” says Stephen M. Lasser, an attorney shareholder in the Manhattan office of the law firm Stark & Stark. “The first step is examining the deceased owner’s stock certificate to determine if anyone else has an ownership interest in the stock (and appurtenant proprietary lease). Download PDF

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Right to Deceased’s Estate