Sample Alteration Agreement

CONSIDERING that the declaration of co-ownership (the “declaration”) and the articles between the owner of the unit and the condominium provide that no equipment may be installed and that no changes may be made to the condominium without the consent of the condominium; and read the rest of NYC`s sample change agreement in its original form here: www.hauseit.com/sample-alteration-agreement/ This agreement was entered into on the earliest date below between [Building Management Company] (hereinafter referred to as the “Cooperation” or “Co-ownership”) with an address [address] and [name of owner] the owner (the “Owner”) with a mailing address at [Address]. CONSIDERING: the owner wants to install appliances and/or make changes to the apartment [unit number] (the “Apartment”) at [Address]: and let our top-notch purchasing agents pay for your home renovations! Or would you rather just get a bottle of champagne as your final gift? Many home buyers want to make sure their planned renovations are approved before completion. While this desire is understandable, especially if it`s a renovation or change to your apartment that you absolutely need, it`s very unusual and usually impossible for your future co-op or condo board to approve your planned changes before closing. Disclosure: Hausit and its affiliates do not provide tax, legal or accounting advice. This document has been prepared for informational purposes only and is not intended to provide tax, legal or accounting advice and should not be relied upon. You should consult your own tax, legal and accounting advisors before making a transaction. Hauseit connects home buyers with top-notch agents from REBNY member firms who have already agreed to offer you an average incentive of $20,000 or more of what they earn when they represent you in your purchase! What a last gift! What for? Because you are not yet a shareholder (co-ownership) or shareholder (cooperative)! In addition, the listing agent and your buyer`s agent will advise you not to follow this path, mainly because it is in their interest to close the apartment. However, your interests are usually aligned for a co-op sale because you don`t want to compromise a board interview with non-standard requests like these. You want to navigate through the interview with the cooperative`s board of directors and once you are a shareholder, you can request the renovations!. . .

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