If you own a housing co-operative property
The most common disputes arise when buying and selling housing co-operative properties. Buyers and sellers may disagree about the condition of the housing co-operative property. Damage sometimes only becomes apparent after purchase. The housing co-operative rights may be incorrect in relation to the area stated in the contract of sale or the right to use storage and other areas.
The seller is responsible for defects that were difficult to detect at the time of purchase. The buyer is responsible for defects that could have been detected through a careful examination of the housing co-operative property. This can be changed by agreement. A party that guarantees something is free from defects shall be liable for any defects subsequently detected.
If damage arises at a housing co-operative property, it can be difficult in some cases to determine who is responsible for the defect. The boundary between the housing co-operative property owner’s responsibility and that of the co-operative is often stipulated in the rules of the co-operative. The co-operative is responsible for the property and the owner for the apartment but the boundary is often the subject of dispute.
The estate agent has a responsibility to ensure that you are given accurate information when you purchase a housing co-operative property. If the estate agent fails in this duty, they may be liable to pay compensation.
We can assist in disputes relating to the purchase of housing co-operative properties, defects in housing co-operative properties and disputes with tradespeople. If these cannot be settled amicably, we will pursue the dispute in court.
