Does The Condo Board Have The Right to Interview a Buyer?
Although condominiums have fewer tools than do cooperatives in controlling their residents, they do have “the right of first refusal” when it comes to the sale of any unit in the building. This right is very rarely exercised, primarily because most condos lack the funds to buy at today’s market rates, but if the board … More Does The Condo Board Have The Right to Interview a Buyer?