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Co-op Board Approval Question

Started by jross
about 16 years ago
Posts: 1
Member since: Dec 2009
Discussion about
I'm purchasing a co-op apartment. A few years ago I moved from NY to TX and neglected to change my car insurance. As a result, NY considered this a lapse in insurance, and suspended my license. My license has since been reinstated, but assuming this shows up on the co-op's background check, do you think it will pose a problem in terms of getting approved? Thanks.
Response by Rent_or_Buy
about 16 years ago
Posts: 165
Member since: Feb 2009

nope - explain in in a cover letter

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Response by kylewest
about 16 years ago
Posts: 4455
Member since: Aug 2007

No.

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Response by poorishlady
about 16 years ago
Posts: 417
Member since: Nov 2007

That wouldn't show up on the coop's check. How could it? Or could it? No.
Manhattan is a place where you can have no driver's license and you can stand proud ....
Actually, it could work in your favor.

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