Buying a coop

ummmmmmmmmmm yes. nothing counts unless the agreement is with the coop.

Your attorney will have questions for the managing agent verifying things like maintenance, flip tax, etc, prior to your signing the contract. Add these to the list.

i would actually get in touch with the management agent in advance of getting attorneys involved to confirm the statements made. if they confirm, then your attorney will do the same in writing during due diligence.

Thanks for the input the broker is actually the management agent also,but I plan on covering all my bases and have everything in my agreement. How is it when going before the board what sort of ? Do they ask.

This is very very very simple.

Get an excellent real estate attorney.

You shouldn't 'cover the bases.' You have absolutely no idea what you're doing.

Get an excellent real estate attorney.

(1) Agree re: get a REAL real estate attorney. Not one who does 3 closings a year and sues people the rest of the time.
(2) Get it in a signed writing. In RE NOTHING MATTERS THAT ISN'T IN WRITING and signed. Once again, NOTHING that is said counts for squat. If it ain't in writing and signed, it isn't. Period. I don't care who made what representation and who they worked for at the time. Unless you are prepared to spend the rest of your life suing people and paying lawyers, oral representations should mean less than zero to you. Am I being clear? I don't care what is in the advertisement, the papers the agent hands out at the open house, what the nice lady at management said when you called, or what anyone said for that matter. If it matters to you, it must must must must must be spelled out plainly in the contract and not open to any interpretation whatsoever other than what you interpret it to mean. This is where people are woefully naive and then cry a river later. RE is not an agreement with the neighbor's kid to mow you lawn. It is a legal area steeped in rules and case law going back 100s of years.