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Application by Tenants to Make a Survey and Proposed Conversion (CPS3 Form)

This gives tenants the opportunity to make a preliminary surveys of the feasibility of purchasing residences from owners.

AVERAGE PROCESSING TIME

30 Days

SEE DETAILS

	
		

Overview

Grants the opportunity to tenants to make a preliminary survey of the feasibility of purchasing residences from owners in arms length transactions, as well as for the purpose of preventing undue harassment by one group of tenants practiced on another, or by owners of buildings or selling agents seeking to act under subterfuge of so-called "tenant-sponsored" plans. A resident application in tenant sponsored plans to convert occupied premises. A permit that exempts tenants from the requirement of filing an offering plan where they are the sponsors of the plan. This is also applicable for condominiums.

Requirements

1. Blueprints, Sometimes Required
2. Maps, Sometimes Required
3. Plans, Sometimes Required
4. Drawings, Sometimes Required
5. Inspection Report, Sometimes Required
6. Specifications, Sometimes Required
7. Project Description, Always Required
8. Financial Information, Always Required

How to Apply

1. See form below.

WHAT YOU NEED TO APPLY:

• Letter demonstrating accuracy and owners' consent

Form(s)

Required Fees

TYPE REFUNDABLE AMOUNT COMMENTS
FilingNo$225

Payment Options:

Personal Check; Postal Money Order; Certified Check; Attorney Check Company check
Made payable to the NYS Department of Law.

Duration & Processing


Common Denial Reasons: Insufficient information; Incorrect information; Incorrect fees

Additional Info

1. Permit applications can be rejected by the agency without being approved or disapproved
2. Permit application must be notarized

For additional information/Sponsor Agency:

Law, Department of

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