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Coop is requesting money to review their bylaws

Started by Ant_23
over 5 years ago
Posts: 0
Member since: Feb 2011
Discussion about
Hello! I submitted an offer for a coop apt and got accepted. My offer was contingent upon satisfactory review of the coop related documentation (financials, by-laws, etc.) because they wouldn't show it prior to receiving my offer. Now, as the offer is accepted, my agent said they request $50 for each document and they only have financials for 2017. Is it a normal practice for coops in New York to request money from a prospect buyer to review their bylaws and financials, and don't even have a complete document package? Or should I treat it as a red flag and walk away?

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