Outside Counsel

Recent Decision Limits Liability of Condo Sponsor's Principal

, New York Law Journal


Joseph I. Farca reviews Board of Managers of '125 North 10th Condominium v. 125North10', where the Second Department extended to a condominium sponsor's principals and members the rule which precludes claims against sponsors (construction defect, in the instant case) based on their alleged violations of the offering plan, merely by reason of those individuals' certification of the offering plan in accordance with the requirements of the Martin Act.

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