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NYC Administrative Code

§ 26-707 — No waiver of rights.

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What is NYC AC § 26-707?

Quick Answer

This section establishes that any contractual provision attempting to waive rights under this chapter is void as it contradicts public policy. The statute aims to protect the rights of individuals involved in cooperative or condominium conversions. Applies to parties engaged in contracts related to conversion plans.

General informational summary. Not legal advice for your situation. Consult an attorney before acting on any specific matter.

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§ 26-707 No waiver of rights.

AC § 26-707

Any provision purporting to waive the provisions of this chapter in any contract to purchase or agreement between an offeror and the cooperative corporation or the condominium board of managers pursuant to a conversion plan shall be void as against public policy.

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