The Typical Co-op Pet Policy in NYC

What Types of Pets Are Permitted in NYC Co-op Apartments?

Most co-ops which allow pets will permit ‘domesticated household pets.’ This phrase typically refers to all cats as well as dogs up to a certain weight limit. In some instances, a co-op may define and prohibit ‘aggressive breeds’ of dogs.

What Is the Typical Co-op Pet Policy in NYC? (2019) | Hauseit® New York City

If you are a pet-owner and thinking about buying a coop apartment, it’s essential that you ask your buyer’s broker to confirm the exact policy before submitting an offer.

This is especially important if you have a larger dog or a breed which others may (fairly or unfairly) classify as aggressive.

As part of the co-op purchase application, the board has full discretion in whether or not to approve your purchase. Violating the pet policy is an easy way to cause an automatic board rejection.

Pro Tip: Calculate how much apartment you can afford to buy in NYC with Hauseit’s interactive home affordability calculator.

Are Pets Required to Attend the Co-op Board Interview?

Sometimes. We’ve heard stories where applicants are asked to bring their dog to the co-op board interview so that the board can take a weight measurement to ensure compliance with the building’s weight restrictions for pets.

Truth be told, pet owners tend to underestimate the weight of their pets. This may in part be caused by the fact that pet owners do not necessarily take frequent weight measurements for their pets.

Because a co-op may reject you if your pet is overweight, many buyer’s agents often weigh their buyer’s pet before advising them to move forward with a signed purchase contract.

Pro Tip: Estimate your buyer closing costs in NYC with Hauseit’s interactive closing cost calculator.

Where Can I Find a Co-op’s Pet Policy?

A co-op’s pet policy is most commonly found in the house rules. The pet policy may also be mentioned in the purchase application (also known as the board package). It’s quite common for there to be some sort of pet policy acknowledgment or rider which the applicant is required to sign and submit with the completed board package.

Prequalification vs. Preapproval in NYC: What’s the Difference? (2019) | Hauseit®

Sometimes a co-op’s policy will not be clearly defined in either the house rules or the purchase application. In this instance, the best way to find out is to have your buyer’s agent contact the listing agent and/or the managing agent.

Here is an example of a co-op pet policy found in the house rules for a co-op in Lower Manhattan:

The Corporation allows domesticated household pets. However, pets are not permitted on the elevators or in any of the public areas of the building unless carried or on a leash. Birds or other animals may not be fed from windows, gardens or other public portions of the building or on the sidewalk or street adjacent to the building. Shareholders assume all liability arising from any injury to person or any fouling or damaging of property in the building which may be caused by their pet(s). If any pet becomes a nuisance or hazard to other shareholders, the Board may revoke permission for that pet to remain in the building. A pet becomes a nuisance if it causes excessive noise, including barking, howling or crying.

Note that in the policy above, the co-op does not define ‘domesticated household pets.’ A seasoned buyer’s agent would take immediate note of this and pursue clarification with the listing agent, who will likely ask the managing agent (who will then ask the co-op board)!

Here is another example of a co-op pet policy in Park Slope, Brooklyn:

Pets are allowed in the building, and shareholders are advised that they must pick up after their pets, that all pet accidents are cleaned up immediately, and understand that the Board of Directors at any time can revoke the rule of allowing dogs to live in the building. Current pets would be grandfathered.

The pet policy above points out two important considerations for co-op buyers: a co-op board can vote to change its policies at any time, and it’s quite difficult to force out a pet if the co-op shareholder had one before the policy changed. The policies which a co-op board may change over time include the sublet policy, overnight guest policy, flip tax and the pet policy.

Pro Tip: Thinking of buying a rental property? Estimate your rental property returns using Hauseit’s interactive rental property calculator.

Are There Pet Breed or Weight Restrictions for Co-ops in NYC?

Sometimes. If a co-op permits dogs, there may be a weight limit and/or restrictions based on certain breeds. If you have a larger dog or a dog whose breed may be considered by others as aggressive (justified or not), it’s important that you double check with building before moving forward with that particular unit.

A co-op has broad discretion in choosing whether to approve or reject proposed purchasers, so it’s important to make sure that you conform to all stated co-op policies, including the pet policy and financial requirements for applicants.

Do Co-ops Allow Renters to Have Pets in NYC?

Not always. In fact, some co-ops which permit pets for shareholders specifically prohibit renters from having the same privilege of owning pets while residing in the co-op. In this case, a rental applicant may be asked to sign a ‘no pet rider’ as part of the co-op sublet board application.

Pro Tip: Estimate your seller closing costs in NYC with Hauseit’s interactive closing cost calculator for sellers.

Read the Full Article: https://www.hauseit.com/coop-pet-policy-nyc/

Disclosure: Hauseit (https://www.hauseit.com) and its affiliates do not provide tax, legal or accounting advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction. The services marketed on Hauseit.com are provided by licensed real estate brokers and other third party professional service providers. Hauseit LLC is not a licensed real estate broker nor a member of any multiple listing service (MLS).

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Save money when buying and selling real estate in NY and FL with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. www.hauseit.com

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Save money when buying and selling real estate in NY and FL with Hauseit. Available in NYC, Long Island, the Hudson Valley and South Florida. www.hauseit.com

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