Skip Navigation
StreetEasy Logo

outside of state buyer has to form NY corporation to buy?

Started by yyelite
over 18 years ago
Posts: 2
Member since: Jun 2007
Discussion about
I recently put in a deposit at a new condo development in NY under a Florida corporation.Do you think I should reopen a new corporation under NY law? thanks
Response by anonymous
over 18 years ago
Posts: 400
Member since: Apr 2007

No. Just qualify your FL corp in NY. However, it'll be roughly the same amount to just form a NY entity. If you are not properly qualified to do business in new york, as a business entity, although you can of course be sued in New York, you cannot utilize the courts of new york to sue anyone else.

Ignored comment. Unhide
Response by anonymous
over 18 years ago
Posts: 400
Member since: Apr 2007

btw--hopefully you are aware of new york's publication requirements, very onerous and expensive, upwards of $1200-2000. And its a requirement.

Ignored comment. Unhide

Add Your Comment

Most popular

  1. Wealth Gap have a < effect on the working man?
    47 Comments
  2. 55% of New Yorkers won't
    23 Comments
  3. More on land leases
    35 Comments
  4. Major appliances
    22 Comments
  5. Park Avenue on Sale
    58 Comments