MenuClose

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.