Among the many topics, this class will include:

• Is a pre-contract inspection necessary?

• When is an architect or engineer necessary?

• Is square footage relevant?

• Combinations?

• Issues impacting small co-ops and condos

• Understanding the Co-op or Condo's finances:

• Review of building financials

• Management Questionnaire

• Common Charge/Maintenance Increases and Assessments

• Façade and Capital Improvements

• Utilizing public data sources

• Understanding the Offering Plan:

• Review of Special Risk Factors

• Review of the Property Description

• Understanding Tax Abatements

• Locating Amendment

• Pre-qualifying the co-op or condo for Purchaser Financing:

• Will lenders lend?

• Understanding new lending requirements

• Is insurance sufficient?

• Should contracts contain funding contingencies?

• What is the broker's duty of disclosure?

• What is the broker's obligation to inspect the apartment?

• How does dual agency impact disclosure?

https://us02web.zoom.us/j/5526351915