{"data":{"id":"us-nyc/n.y.c.-admin.-code-26-3703","jurisdiction":"us-nyc","citation":"N.Y.C. Admin. Code § 26-3703","heading":"§ 26-3703 Acknowledgment of receipt of materials.","body":"a. Within 15 days after receiving an application from a purchaser or a purchaser’s agent, a cooperative corporation shall provide to such purchaser or purchaser’s agent, via email and registered mail, a written acknowledgement of materials received. The requirements of this section shall apply to a purchaser’s initial submission and any subsequent submission.\n\nb. A written acknowledgment provided pursuant to subdivision a of this section shall clearly state:\n\n1. Whether the cooperative corporation considers the application to be complete;\n\n2. If the application is not considered complete, each item required to make such application complete along with a citation to the application for each such items; and\n\n3. If applicable, any additional materials requested for clarification or completion of previously submitted materials.\n\nc. If a cooperative corporation fails to provide written acknowledgment of an application received pursuant to subdivision a of this section, such application shall be considered complete as of the date such acknowledgment was due.\n\nd. If the cooperative corporation has adopted a summer recess notice, the time by which to meet any requirement of this section shall be tolled during the summer recess period.\n\n(L.L. 2026/058, 1/29/2026, eff. 7/28/2026)","path":["New York City Administrative Code","Chapter 37: Sales of Cooperative Apartments*"],"source_url":"https://files.amlegal.com/pdffiles/NewYorkCity/Admin/XML.zip","current_through":"Local Law 2026/135 (enacted August 31, 2026)","vintage":"","retrieved_at":"2026-09-06T02:48:57Z","sha256":"1e7722607641ae4621957584026ff7ab4b39c5e5b7620b11a8c5fd15a65507ac","source_id":"us-nyc","stale":false,"prev":"us-nyc/n.y.c.-admin.-code-26-3702--2","next":"us-nyc/n.y.c.-admin.-code-26-3704"},"notice":"GroundRules: Original legal text. Not legal advice."}
