Assembly Bill A8347

2011-2012 Legislative Session

Requires cooperative housing corporations provide a prospective purchaser with a written statement of reasons when withholding consent to a purchase

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Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2011-A8347 (ACTIVE) - Details

Current Committee:
Assembly Governmental Operations
Law Section:
Civil Rights Law
Laws Affected:
Amd ยง19-a, Civ Rts L
Versions Introduced in Other Legislative Sessions:
2013-2014: A6109
2015-2016: A6705
2017-2018: A10216

2011-A8347 (ACTIVE) - Summary

Requires cooperative housing corporations provide a prospective purchaser with a written statement of reasons when withholding consent to a purchase; voids any agreement inconsistent with such requirement.

2011-A8347 (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  8347

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                              June 14, 2011
                               ___________

Introduced  by  M.  of  A.  ENGLEBRIGHT -- read once and referred to the
  Committee on Governmental Operations

AN ACT to amend the civil rights law, in relation to  discrimination  in
  the ownership of cooperative housing

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Legislative findings and declaration of intent. The  legis-
lature  recognizes  that cooperative ownership in multi-family dwellings
is a popular form of home  ownership  in  New  York  state.  An  ongoing
concern  for  consumers dealing in the cooperative housing market is the
potential for the unlawful rejection by a board of directors of a buyer.
  The legislature finds and determines that, not infrequently,  a  co-op
board  rejects  what appears to be a well-qualified customer. Often, the
prospective purchaser has concerns that the rejection was in fact unlaw-
ful discrimination. Both federal and state  laws  protect  our  citizens
from  unfair  housing practices, which include discrimination based upon
race, ethnicity, gender, age or family status.
  For such reasons, it is the legislature's intent to require boards  of
directors of cooperative housing to disclose to proposed purchasers, the
reasons for rejecting a sale.
  S 2.  Section 19-a of the civil rights law, as added by chapter 376 of
the laws of 1971, is amended to read as follows:
  S  19-a.    Prohibition  against  unreasonable withholding of consent.
WHENEVER ANY CORPORATION FORMED  FOR  THE  PURPOSE  OF  THE  COOPERATIVE
OWNERSHIP  OF REAL ESTATE WITHIN THE STATE WITHHOLDS CONSENT TO THE SALE
OR PROPOSED SALE OF CERTIFICATES OF STOCK OR OTHER EVIDENCE OF OWNERSHIP
OF AN INTEREST IN SUCH CORPORATION, SUCH CORPORATION SHALL  PROVIDE  THE
PROSPECTIVE  PURCHASER WITH A WRITTEN STATEMENT OF ITS REASONS FOR WITH-
HOLDING CONSENT NO LATER THAN FIVE BUSINESS DAYS AFTER ITS  DECISION  TO
WITHHOLD CONSENT.

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD06151-01-1

              

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