The New York City housing market is so unlike any other that first-time buyers are bound to be taken aback by the process. Even experienced ones often end up dealing with surprise.
At the top of list of surprises is the board application that buyers must complete to purchase a co-op and, frequently, a condo.
As I have previously written, that package is peerless for its depth, intrusiveness and length. (It is way longer than the forms I had to complete in my former careers to obtain top secret clearance.)
In a post on BrickUnderground, lawyer Karen S. Sonn details most of the surprises that face buyers, among them: Continue reading