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renting from co-op/condo owner

Started by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006
Discussion about
Need to rent asap. If I rent frm an owner how do I know it's not a scam, that's it's really their apartment and that they're not renting it from an owner. The apt I'm looking at is renting for $2800 and they want two months security and first and last month rent.
Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

if it's a coop I doubt they could get away with it, as you've have to get the ok from the coop board and fill out all kinds of paperwork. Coops tend to be fairly strict with sublets and I doubt that if a current renter were to re-sublet to you they'd get away with it.

I think some condos would have the same rules.

Why in this case do you think it may be a scam? some funny business?

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

i read a news article about this a few months ago.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

if you knew the owner's name u could do a property search and see if they own it.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

You're very smart for thinking of that particularly with the ASAP aspect. Smart cookie. Good luck!

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

Though a little paranoid as doormen would probably be more loyal to the original owner then a renter... unless you are looking for nondoorman rentals.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

If you do end up renting just tip the doorman $50 when you first move in and be nice/conversational.

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Response by anonymous
about 19 years ago
Posts: 8501
Member since: Feb 2006

Of course if he's a new doorman he might not know the owner particularly if it could be a 1 or 2 year rental. If you snooze, you lose.

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