people who have sold a co-op....

we're in the process of starting to sell our's.

is there anything we need to do?
do we need anything from the board before we can accept any offers?

or, is every board different and it al ldepends ont he co-op?

Re: people who have sold a co-op....

Find a lawyer that has plenty of experience with that particular co-ops closing procedures (not just co-ops in general).

I specifically used a different lawyer for my co-op closing (as compared to my house closing) because I wanted someone that was not only good with the board and management office, but knew all the co-ops stupid hidden rules.

Re: people who have sold a co-op....

We just sold our co-op..

I would have said the same thing Pill did. Also in our experience, selling the co-op took alot longer because of the co-op board and their rules (at least where we were). They have to approve the buyer and the whole process seemed to take alot longer than with a house.

Re: people who have sold a co-op....

I also agree with DJPill. I worked for attoreny in Great Neck and he dealt with alot of the co-op's in the area and was very familiar with the co-op boards and management.