Q&A: My HDFC Co-op Won’t Transfer My Late Father’s Shares to Me

December 6, 2018

The Cooperator
By Andrew P. Brucker

Montgomery McCracken partner Andrew P. Brucker was featured in The Cooperator’s December Q&A column.

Q. I am an original and current shareholder in an HDFC co-op in Manhattan; I am on the lease and stock certificate along with my father (a co-shareholder). We both became shareholders along with the other existing tenants in the building at the time of conversion in 2000.


A. “There is no one set of rules for HDFCs,” says partner Andrew Brucker at the Manhattan law office of Montgomery McCracken Walker & Rhoads LLP. “Some have a regulatory agreement with New York City, while others do not. And whereas all HDFCs have bylaws and lease, there is no requirement that they are all the same.


To view the article on The Cooperator, please click here.