Any Type of Apartment Renovation or Alteration must address concerns with respect to the managment company who manages the particular co-op or condo should periodically put all shareholders and/or apartment owners on notice that there must be a written Alteration Agreement submitted to management prior to any type of remodeling or renovation work to be completed by any outside Contractors in any of the units in the building. This notice should be made after review of the lease, by-laws and rules of the particular co-op or condo, in that the obligations of the apartment owners or shareholders should be made clear as to their responsibility to submit an Alteration Agreement prior to the commencement of any work within thier apartment or unit.
The co-op, condo board and the managemement company should collaborate with legal counsel, an architect and/or an engineer to draft a standard form of Alteration Agreement for both structural and non-structural alterations or renovations. These documents should be part of the application provided to all prospective purchasers in the cooperative or condominium, as well as to existing unit owners and shareholders.
In general, a typical Alteration Agreement is used by building management companies in New Yorks to cover broad areas such as property damages, personal injury damages, selection of architect or engineer, liability & workmans compensation insurance, common arera & general building damages, hold harmless by apartment owner to co-op or condo, regular daily work hours, demolition, plumbing and electrical systems, general building systems, liability and indemnification for building and/or adjacent owners, security, relocation and an advance deposit which is held in escrow for any damages which could be caused to the building.
Some Alteration Agreements also carry a series of riders to cover issues such as concerns with lead based paint contamination, asbestos, plumbing/heating/HVAC, appliances, electrical services, window and wall replacements, terrace construction, removal and/or replacement of structural portions of the building and/or the interior of the apartment or unit. In addition to the above general issues regarding renovations & alterations, the agreement usually provides a set of work rules and guidelines for contractors to follow.
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