From the Forum: Shareholder Responsibility When a Co-op Doesn’t Make Repairs

Photo by Susan De Vries


    The stairs in a small brownstone co-op are in need of work but some shareholders seem reluctant to tackle the project. A resident is concerned about liability in case the repairs aren’t done and someone is injured on the staircase. What information should the resident be aware of regarding the building’s insurance and liability before the issue is voted on at the next co-op meeting?

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