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S04910 Summary:
| BILL NO | S04910 |
| SAME AS | SAME AS A05841 |
| SPONSOR | FELDER |
| COSPNSR | |
| MLTSPNSR | |
| Amd §352-eeee, Gen Bus L | |
| Provides that a plan may not be declared effective for conversion to cooperative or condominium ownership until written purchase agreements have been executed and delivered for at least twenty-five percent of all dwelling units in the building or group of buildings and written consent has been obtained from the bona fide tenants who were in occupancy of fifty-one percent of the dwelling units in the building or group of buildings or development on the date a letter was issued by the attorney general accepting the plan for filing. | |