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Do condops have different financing rules?

Often, yes. Some lenders treat condop units as co-ops, others apply condo guidelines, and some decline to lend on condop structures entirely. This can narrow the buyer pool. Identify lenders who have successfully closed in your building and share this information with buyer agents early to prevent financing delays or rejections.

From the seller playbook: Selling a Condop in NYC: Hybrid Structure, Board Rules, and Buyer Confusion

This is general information, not legal, tax or accounting advice. Every situation is different. Talk to a licensed attorney, accountant or tax professional before you act.

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