Co-op board admissions guide issued.The Residential Management Council of the Real Estate Board of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of (REBNY REBNY Real Estate Board of New York ), in cooperation with the Council of New York Cooperatives and Condominiums (CNYC CNYC Council of New York Cooperatives and Condominiums ) released a Co-op Board Admissions Guide in response to legislation the New York City Council The New York City Council is the lawmaking body of the City of New York. It comprises 51 members from 51 council districts throughout the five boroughs. The Council serves as balance of power against the mayor in a "strong" mayor-council government model. introduced, which REBNY and other groups opposed. REBNY president Steven Spinola said, "The City Council's legislation places an unnecessary burden on co-op boards to specifically state the reasons for denying approval to every potential buyer, among other unrealistic requirements. "Historically, members of cooperative corporations enjoyed the right to decide with whom they should share their community." REBNY's Co-op Board Admissions Guide will assist boards with establishing admissions policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental that comply with the Federal Fair Housing Act, the Civil Rights Act, and the New York State and New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. Human Rights Laws. The guide outlines the anti-discrimination requirements that all co-op boards must follow, with regards to the application process, interview, and timeliness of responses. A Statement of Purchaser's Rights accompanies the guide and should be included with co-op purchase applications so that potential buyers are aware of the laws and measures in place to protect them against discrimination. "In order to protect itself against unfounded claims of discrimination, it is important for a board to develop a carefully conceived policy and clearly stated procedures for the handling of applications," said Spinola. The Guide and Statement are available on the REBNY website at www.Rebny.com. |
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