Jamil v. Southridge Cooperative, Section 4, Inc.
Civil Court of the City of New York
1Opinion of the Court
OPINION OF THE COURT
Herbert A. Posner, J.
This is an action by a former tenant-stockholder to recover a $2,000 fee which he was forced to pay the defendant before approval would be given to permit the plaintiff to transfer his shares and assign his lease in the defendant’s building to a third party for $1,800.
At issue here is whether the corporation had a legal right to charge a $2,000 transfer fee in view of the fact that the proprietary lease provided for transfer privileges without mentioning any fee. The authority to charge the fee was given by the board of directors of the corporation…
2Cases cited8 opinions
- United Housing Foundation, Inc. v. FormanSupreme Court of the United States · 1975
- State Tax Commission v. ShorNew York Court of Appeals · 1977
- Silverman v. Alcoa Plaza AssociatesAppellate Division of the Supreme Court of the State of New York · 1971
- In re LacailleNew York Supreme Court · 1964
- Vernon Manor Co-operative Apartments, Section I, Inc. v. Salatino, New York County Courts1958
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3Cited by3 opinions
- University Mews Associates v. JeanmarieNew York Supreme Court · 1983
- Aronson v. CraneNew York Supreme Court · 1988
- Kalb v. River Point Towers Cooperative, Inc.Appellate Division of the Supreme Court of the State of New York · 1980