[WSBAPT] Coop transfer

John J. Sullivan sullaw at comcast.net
Tue Jun 27 16:47:29 PDT 2017


Lisa: 

I think I did this once. 

Generally, Co-Op ownership is evidenced by shares of stock with a long term lease of premises and common areas. I would think you transfer shares like shares, assigning the leases - all in compliance with the operating agreement and obtaining any required permissions. 

John Sullivan

Sent from my iPhone

> On Jun 27, 2017, at 3:26 PM, Lisa E Schuchman <lisa at lisaschuchman.com> wrote:
> 
> In a probate I need to transfer ownership of a coop to an heir.  I have researched everywhere inside my brain and don’t think I have done this before!  I have a call in to the property manager, but does anyone have advice? 
>  
> Thanks,
>  
> Lisa E. Schuchman
> 206-960-4212
> www.lisaschuchman.com
> 
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