Co-op, question regarding wedding gift money.

This is a question of art -- how much money relative to your income, and how long have you had it? If you've had it for more than six months, then no. If you've had it for less than three, then I probably would. Ditto if you've had it for six but it's a substantial chunk of change relative to your finances.

ali r.
{downtown broker}

In addition, the board can ask for a gift tax return from the gifter(if the amount is >$14K from one individual) to make sure this is all legal.

interesting , never thought of this

Can you tell us more about the co-op in question, e.g. what neighborhood, what price points,

Coops usually only want to see last 2 months of the bank statements, so if the deposits were made before 2 months, you dont need to request the letters. If you are financing, your bank may also ask for clarifications on multiple deposits - they should be satisfied with the wedding gift explanations and you an show a copy of your marriage certificate, so that they can see that these events were close in time. I had exactly the same situation with clients and their bank was satisfied by the above xplanations.