What is the name of your state (only U.S. law)? NY
For my co-op application, I have to include a check for a $500 non-refundable move-in fee plus a $500 refundable move-in fee (refundable after super confirms no damage done after move-in). However, I don't see anything in the application that states whether or not these fees are returned to me if the co-op Board ultimately rejects me. The application will not be be processed without these fees included so I have to pay them upfront. I would think this $1,000 would be returned to me since I would never actually move in if rejected, but I don't want to assume anything.
Thank you.
For my co-op application, I have to include a check for a $500 non-refundable move-in fee plus a $500 refundable move-in fee (refundable after super confirms no damage done after move-in). However, I don't see anything in the application that states whether or not these fees are returned to me if the co-op Board ultimately rejects me. The application will not be be processed without these fees included so I have to pay them upfront. I would think this $1,000 would be returned to me since I would never actually move in if rejected, but I don't want to assume anything.
Thank you.