New York S07541 mandates property management companies or boards of managers to provide buyers with recent inspection and engineering reports and.

New York S07541 requires that when a buyer enters into a contract to purchase a condominium or cooperative housing unit, the property management company or board of managers must provide the buyer with records of the most recent inspection and engineering reports and permits for the subject property. This bill aims to ensure transparency and protect buyers by allowing them to make informed decisions. Any potential buyer has the right to request a copy of the most recent inspection or engineering report from the property management company or board of managers.

New York S07541 mandates property management companies or boards of managers to provide buyers with recent inspection and engineering reports and.

New York S07541 requires that when a buyer enters into a contract to purchase a condominium or cooperative housing unit, the property management company or board of managers must provide the buyer with records of the most recent inspection and engineering reports and permits for the subject property. This bill aims to ensure transparency and protect buyers by allowing them to make informed decisions. Any potential buyer has the right to request a copy of the most recent inspection or engineering report from the property management company or board of managers.